Receivables From and Payables to Brokers, Dealers, and Clearing Organizations (Tables)

3 Months Ended

Mar. 31, 2024

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

Amounts Receivable from Brokers, Dealers, and Clearing Organizations

Amounts receivable from brokers, dealers, and clearing organizations at March 31, 2024 and December 31, 2023, included (in thousands):

	March 31, 2024		December 31, 2023
Receivable from clearing organizations	$	408,614	$	178,991
Deposits paid for securities borrowed		204,150		215,368
Securities failed to deliver		45,107		19,785
	$	657,871	$	414,144

Amounts Payable to Brokers, Dealers, and Clearing Organizations

Amounts payable to brokers, dealers, and clearing organizations at March 31, 2024 and December 31, 2023, included (in thousands):

	March 31, 2024		December 31, 2023
Deposits received from securities loaned	$	224,378	$	135,693
Securities failed to receive		122,804		91,636
Payable to clearing organizations		19,734		4,407
	$	366,916	$	231,736