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Borrowings (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Instrument [Line Items]  
Schedule of short-term debt
The following summarizes the Company's short-term borrowing balances outstanding, net of related debt issuance costs, with each described in further detail below.
December 31, 2022
(in thousands)Borrowing OutstandingDeferred Debt Issuance CostShort-term Borrowings, net
Short-term bank loans3,944 — 3,944 
$3,944 $— $3,944 
December 31, 2021
(in thousands)Borrowing OutstandingDeferred Debt Issuance CostShort-term Borrowings, net
Broker-dealer credit facilities$58,000 $(1,546)$56,454 
Short-term bank loans5,056 — 5,056 
$63,056 $(1,546)$61,510 
Outstanding borrowings and financing capacity or unused available capacity under the company’s borrowing arrangements The following summarizes the Company’s broker-dealer credit facilities' carrying values, net of unamortized debt issuance costs, where applicable. These balances are included within Short-term borrowings on the Consolidated Statements of Financial Condition.
 At December 31, 2022
(in thousands)Interest RateFinancing AvailableBorrowing OutstandingDeferred Debt Issuance CostOutstanding Borrowings, net
Broker-dealer credit facilities:     
Uncommitted facility (1)5.50%$400,000 $— $— $— 
Committed facility7.67%650,000 — — — 
Overdraft facility7.80%10,000 — — — 
 $1,060,000 $— $— $— 
(1) $0.2 million of deferred debt issuance costs are included within Other assets on the Consolidated Statement of Financial Condition
 At December 31, 2021
(in thousands)Interest RateFinancing AvailableBorrowing OutstandingDeferred Debt Issuance CostOutstanding Borrowings, net
Broker-dealer credit facilities:     
Uncommitted facility1.25%$400,000 $58,000 $(1,546)$56,454 
Committed facility3.78%600,000 — — — 
 $1,000,000 $58,000 $(1,546)$56,454 
Schedule of interest expense on debt
The following summarizes interest expense for the broker-dealer facilities. Interest expense is included within Interest and dividends expense in the accompanying Consolidated Statements of Comprehensive Income.

 Years Ended December 31,
(in thousands)202220212020
Broker-dealer credit facilities:
Uncommitted facility$4,247 $2,327 $1,337 
Committed facility112 82 447 
Demand Loan— — 211 
 $4,359 $2,409 $1,995 
Schedule of aggregate future required principal payments based on terms of loan
As of December 31, 2022, aggregate future required minimum principal payments based on the terms of the long-term borrowings were as follows:

(in thousands)December 31, 2022
202318,000 
202418,000 
202518,000 
202644,693 
202718,000 
Thereafter1,710,000 
Total principal of long-term borrowings$1,826,693 
Short-Term Credit Facilities  
Debt Instrument [Line Items]  
Schedule of reconciliation of the senior secured credit facility The proceeds of these facilities are used to meet margin requirements associated with the products traded by the Company in the ordinary course, and amounts borrowed are collateralized by the Company’s trading accounts with the applicable financial institution.
 At December 31, 2022
(in thousands)Weighted Average
Interest Rate		Financing
Available		Borrowing
Outstanding
Prime Brokerage Credit Facilities:   
Prime brokerage credit facilities (1)7.42%$591,000 $212,912 
 $591,000 $212,912 
 At December 31, 2021
(in thousands)Weighted Average
Interest Rate		Financing
Available		Borrowing
Outstanding
Prime Brokerage Credit Facilities:   
Prime brokerage credit facilities (1)2.91%$616,000 $177,080 
 $616,000 $177,080 
(1)   Outstanding borrowings are included with Receivables from/Payables to broker-dealers and clearing organizations within the Consolidated Statements of Financial Condition.
Senior Secured Credit Facility  
Debt Instrument [Line Items]  
Schedule of reconciliation of the senior secured credit facility
The following summarizes the Company’s long-term borrowings, net of unamortized discount and debt issuance costs, where applicable:

  At December 31, 2022
(in thousands)Maturity
Date		Interest
Rate		Outstanding PrincipalDiscountDeferred Debt Issuance CostOutstanding Borrowings, net
Long-term borrowings:      
  First Lien Term Loan FacilityJanuary 20297.42%$1,800,000 $(3,881)$(26,858)$1,769,261 
  SBI bondsJanuary 20265.00%26,693 — (2)26,691 
 $1,826,693 $(3,881)$(26,860)$1,795,952 
  At December 31, 2021
(in thousands)Maturity
Date		Interest
Rate		Outstanding PrincipalDiscountDeferred Debt Issuance CostOutstanding Borrowings, net
Long-term borrowings:      
  First Lien Term Loan FacilityMarch 20263.10%$1,599,774 $(3,723)$(21,620)$1,574,431 
  SBI bondsJanuary 20235.00%30,722 — (21)30,701 
$1,630,496 $(3,723)$(21,641)$1,605,132