Collateralized Transactions (Tables)

12 Months Ended

Dec. 31, 2020

Collateralized Agreements [Abstract]

Summary of the fair value of collateralized transactions

The fair value of the collateralized transactions at December 31, 2020 and December 31, 2019 are summarized as follows:

(in thousands)	December 31, 2020		December 31, 2019
Securities received as collateral:
Securities borrowed	$	1,374,266	$	1,881,005
Securities purchased under agreements to resell	22,866		142,922
	$	1,397,132	$	2,023,927

Schedule of financial instruments owned and pledged, where counterparty has right to repledge

Financial instruments owned and pledged, where the counterparty has the right to repledge, at December 31, 2020 and December 31, 2019 consisted of the following:

(in thousands)	December 31, 2020		December 31, 2019
Equities	$	734,024	$	654,366
Exchange traded notes	12,515		42,590
	$	746,539	$	696,956