Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2022

Schedule of Balances From Transactions with Affiliates Included in the Consolidated Statements

As of June 30, 2022 and December 31, 2021, the following balances with such affiliates were included in the condensed consolidated statements of financial condition in the following line items:


	June 30,		December 31,
	2022		2021

	(in thousands)
Accounts receivable	$	—	$	277
Receivable from affiliates	5,814		3,313
Other assets	3,232		3,530
Accounts payable, accrued expenses and other liabilities	7,545		7,767
Deferred revenue	4,820		4,767
Payable to affiliates	3,358		4,860

Schedule of Affiliates were Included in the Consolidated Statements of Income

The following balances with such affiliates were included in the condensed consolidated statements of income in the following line items:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021

	(in thousands)
Revenue:
Subscription fees	$	317	$	206	$	517	$	775
Refinitiv market data fees (1)	15,426		14,926		30,984		30,043
Other fees	126		122		243		283
Expenses: (2)

Employee compensation and benefits	—		—		613		—
Technology and communications	1,199		740		2,315		1,480
General and administrative	54		2		197		4
Professional fees	33		—		45		—

(1)The Company maintains a market data license agreement with Refinitiv. Under the agreement, the Company delivers to Refinitiv certain market data feeds which Refinitiv redistributes to its customers. The Company earns license fees and royalties for these feeds.

(2)The Company maintains agreements with Refinitiv to provide the Company with certain real estate, payroll, benefits administration and other administrative services.