Receivables from/Payables to Broker-Dealers and Clearing Organizations (Tables)

12 Months Ended

Dec. 31, 2018

Due to and from Broker-Dealers and Clearing Organizations [Abstract]

Summary of receivables from and payables to brokers-dealers and clearing organizations

The following is a summary of receivables from and payables to brokers-dealers and clearing organizations at December 31, 2018 and December 31, 2017:

(in thousands)	December 31, 2018		December 31, 2017
Assets
Due from prime brokers	$	302,152	$	219,573
Deposits with clearing organizations	84,509		112,847
Net equity with futures commission merchants	294,884		203,711
Unsettled trades with clearing organization	193,544		173,778
Securities failed to deliver	218,663		248,088
Commissions and fees	7,697		14,021
Total receivables from broker-dealers and clearing organizations	$	1,101,449	$	972,018
Liabilities
Due to prime brokers	$	354,300	$	197,439
Net equity with futures commission merchants	47,998		44,526
Unsettled trades with clearing organization	90,021		420,029
Securities failed to receive	73,547		51,143
Commissions and fees	1,575		3,068
Total payables to broker-dealers and clearing organizations	$	567,441	$	716,205