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Regulatory Requirements (Details)
6 Months Ended
Jun. 30, 2021
USD ($)
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required $ 250,000
Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital requirement under alternative method 6,392,000
Minimum net capital required 1,000,000.0
Net capital 368,111,000
Excess capital 361,719,000
ATM Execution LLC  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital requirement under alternative method 250,000
Net capital 5,170,000
Excess capital 4,920,000
Cowen Prime  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital requirement under alternative method 250,000
Net capital 22,057,000
Excess capital 21,807,000
Westminster Research  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital requirement under alternative method 250,000
Net capital 24,603,000
Excess capital 24,353,000
Cowen and Company (Asia) Limited [Member]  
Regulatory Requirements for Broker-Dealers [Line Items]  
Financial resources 2,171,000
Financial resources requirement 386,000
Excess financial resources 1,785,000
RCG Insurance Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required 300,000
Net capital 6,600,000
Options Clearing Corporation | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required $ 2,000,000.0
Minimum net capital required, percent 2.00%
U.K. Financial Services Authority | Cowen International Limited  
Regulatory Requirements for Broker-Dealers [Line Items]  
Financial resources $ 39,959,000
Financial resources requirement 30,037,000
Excess financial resources 9,922,000
U.K. Financial Services Authority | Cowen Execution Services Ltd  
Regulatory Requirements for Broker-Dealers [Line Items]  
Financial resources 13,254,000
Financial resources requirement 3,414,000
Excess financial resources 9,840,000
Minimum | Cowen Prime  
Regulatory Requirements for Broker-Dealers [Line Items]  
Required net capital under commodity exchange act 45,000
Special Reserve Accounts | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Cash and securities segregated under securities exchange commission regulation 30,700,000
Special Reserve Accounts | Minimum | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Cash and securities segregated under securities exchange commission regulation 14,000,000.0
PAB Reserve Bank Accounts | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Cash and securities segregated under securities exchange commission regulation 23,200,000
PAB Reserve Bank Accounts | Minimum | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Cash and securities segregated under securities exchange commission regulation $ 14,900,000