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Regulatory Requirements (Details)
12 Months Ended
Dec. 31, 2022
USD ($)
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required $ 250,000
Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required $ 1,500,000
Minimum net capital required, percent 2.00%
Net capital $ 482,309,000
Net capital requirement under alternative method 4,052,000
Excess capital 478,257,000
ATM Execution LLC  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital 5,775,000
Net capital requirement under alternative method 250,000
Excess capital 5,525,000
Westminster Research  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital 21,440,000
Net capital requirement under alternative method 250,000
Excess capital $ 21,190,000
Cowen Financial Products LLC  
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required, percent 2.00%
minimum net capital required, amount $ 20,000,000
Net capital 64,670,000
Net capital requirement under alternative method 20,000,000
Excess capital 44,670,000
Cowen and Company (Asia) Limited  
Regulatory Requirements for Broker-Dealers [Line Items]  
Financial/Capital resources 2,710,000 [1]
Financial/Capital resources requirement 384,000 [1]
Excess financial/capital resources 2,326,000 [1]
RCG Insurance Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required 300,000
Net capital 4,600,000
Options Clearing Corporation | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required $ 2,000,000
Minimum net capital required, percent 2.00%
U.K. Financial Services Authority | Cowen International Limited  
Regulatory Requirements for Broker-Dealers [Line Items]  
Financial/Capital resources $ 48,554,000 [1]
Financial/Capital resources requirement 13,592,000 [1]
Excess financial/capital resources 34,962,000 [1]
U.K. Financial Services Authority | Cowen Execution Services Ltd  
Regulatory Requirements for Broker-Dealers [Line Items]  
Financial/Capital resources 17,358,000 [1]
Financial/Capital resources requirement 7,022,000 [1]
Excess financial/capital resources 10,336,000 [1]
Minimum | Cowen and Company  
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 49,400,000
PAB Reserve Bank Accounts | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Cash and securities segregated under securities exchange commission regulation $ 40,400,000
[1] The equivalent of Net Capital under FCA rules is referred as “capital resources” and under SFC rules is referred as “net liquid capital.” The equivalent of Minimum Net Capital Requirement under FCA rules is referred as “minimum capital resources requirement" and under SFC rules is referred as “net liquid capital requirement."