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

3 Months Ended

Mar. 31, 2020

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 March 31, 2020 and December 31, 2019 are as follows (in thousands):

	March 31, 2020		December 31, 2019
Financial instruments owned:
U.S. government securities	$	12,821	$	9,266
U.S. government agency securities		80,138		66,881
Mortgage-backed securities:
Agency		371,762		388,856
Non-agency		2,870		5,155
Asset-backed securities		12,942		28,385
Corporate securities:
Fixed income securities		275,663		250,783
Equity securities		69,259		64,009
Sovereign debt		21,057		12,403
State and municipal securities		75,740		137,211
Loans		10,259		9,983
	$	932,511	$	972,932
Financial instruments sold, but not yet purchased:
U.S. government securities	$	239,311	$	243,570
U.S. government agency securities		16,320		1,000
Agency mortgage-backed securities		179,407		231,909
Corporate securities:
Fixed income securities		192,603		140,100
Equity securities		22,776		32,047
Sovereign debt		18,178		13,271
State and municipal securities		200		—
Loans		—		955
	$	668,795	$	662,852