Financial Instruments Owned and Financial Instruments Sold, But Not Yet Purchased (Tables)

6 Months Ended

Jun. 30, 2022

Investments, Debt and Equity Securities [Abstract]

Components of Trading Securities Owned and Trading Securities Sold, But Not Yet Purchased

The components of financial instruments owned and financial instruments sold, but not yet purchased, at June 30, 2022 and December 31, 2021 are as follows (in thousands):

	June 30, 2022		December 31, 2021
Financial instruments owned:
U.S. government securities	$	55,870	$	10,774
U.S. government agency securities		201,613		143,793
Agency mortgage-backed securities		349,887		335,050
Asset-backed securities		128,314		132,087
Corporate securities:
Fixed income securities		230,175		255,999
Equity securities		56,622		75,056
State and municipal securities		136,879		162,335
Other (1)		111,672		41,910
	$	1,271,032	$	1,157,004
Financial instruments sold, but not yet purchased:
U.S. government securities	$	478,722	$	377,023
U.S. government agency securities		56,721		37,395
Agency mortgage-backed securities		122,369		156,628
Corporate securities:
Fixed income securities		124,305		153,852
Equity securities		25,034		28,482
Other (2)		4,751		2,770
	$	811,902	$	756,150

(1) Includes loans, non-agency mortgage-backed securities, and sovereign debt.

(2) Includes loans, state and municipal securities, and sovereign debt.