Collateralized Transactions (Tables)

9 Months Ended

Sep. 30, 2021

Collateralized Agreements [Abstract]

Summary of the fair value of collateralized transactions

The fair value of the collateralized transactions at September 30, 2021 and December 31, 2020 are summarized as follows:

(in thousands)	September 30, 2021		December 31, 2020
Securities received as collateral:
Securities borrowed	$	1,221,032	$	1,374,266
Securities purchased under agreements to resell	170,194		22,866
	$	1,391,226	$	1,397,132

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 September 30, 2021 and December 31, 2020 consisted of the following:

(in thousands)	September 30, 2021		December 31, 2020
Equities	$	947,661	$	734,024
Exchange traded notes	11,395		12,515
	$	959,056	$	746,539