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Receivables From and Payables to Brokers, Dealers, and Clearing Organizations (Tables)
3 Months Ended
Mar. 31, 2023
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, 2023 and December 31, 2022, included (in thousands):

 

 

March 31, 2023

 

 

December 31,
2022

 

Receivables from clearing organizations

 

$

237,776

 

 

$

186,800

 

Deposits paid for securities borrowed

 

 

200,533

 

 

 

219,052

 

Securities failed to deliver

 

 

19,430

 

 

 

12,239

 

 

 

$

457,739

 

 

$

418,091

 

Amounts Payable to Brokers, Dealers, and Clearing Organizations

Amounts payable to brokers, dealers, and clearing organizations at March 31, 2023 and December 31, 2022, included (in thousands):

 

 

March 31, 2023

 

 

December 31,
2022

 

Deposits received from securities loaned

 

$

100,973

 

 

$

68,105

 

Securities failed to receive

 

 

23,461

 

 

 

12,385

 

Payable to clearing organizations

 

 

6,757

 

 

 

14,464

 

 

 

$

131,191

 

 

$

94,954