Receivables From And Payables To Brokers, Dealers And Clearing Organizations

6 Months Ended

Jun. 30, 2022

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

Receivables From And Payables To Brokers, Dealers And Clearing Organizations

NOTE 3 – Receivables From and Payables to Brokers, Dealers, and Clearing Organizations

Amounts receivable from brokers, dealers, and clearing organizations at June 30, 2022 and December 31, 2021, included (in thousands):

	June 30, 2022		December 31, 2021
Deposits paid for securities borrowed	$	195,666	$	260,586
Receivables from clearing organizations		147,620		278,482
Securities failed to deliver		34,455		35,188
	$	377,741	$	574,256

Amounts payable to brokers, dealers, and clearing organizations at June 30, 2022 and December 31, 2021, included (in thousands):

	June 30, 2022		December 31, 2021
Deposits received from securities loaned	$	230,321	$	149,219
Securities failed to receive		86,827		64,170
Payable to clearing organizations		36,490		44,340
	$	353,638	$	257,729

Deposits paid for securities borrowed approximate the market value of the securities. Securities failed to deliver and receive represent the contract value of securities that have not been delivered or received on settlement date.