XML 369 R88.htm IDEA: XBRL DOCUMENT v3.25.3
Derivative Instruments - Fair Value of Derivative Instruments (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Equities futures | Derivative instruments not designated as hedging instruments | Receivables from broker-dealers and clearing organizations    
Derivatives Assets    
Fair Value $ 2,736 $ (541)
Notional 2,707,806 1,069,167
Equities futures | Derivative instruments not designated as hedging instruments | Payables to broker-dealers and clearing organizations    
Derivatives Liabilities    
Fair Value 7,065 527
Notional 900,540 1,774,043
Commodity futures | Derivative instruments not designated as hedging instruments | Receivables from broker-dealers and clearing organizations    
Derivatives Assets    
Fair Value 114,691 5,096
Notional 9,827,911 5,610,161
Commodity futures | Derivative instruments not designated as hedging instruments | Payables to broker-dealers and clearing organizations    
Derivatives Liabilities    
Fair Value (2,542) (277)
Notional 91,061 56,331
Currency futures | Derivative instruments not designated as hedging instruments | Receivables from broker-dealers and clearing organizations    
Derivatives Assets    
Fair Value 2,551 (6,093)
Notional 3,176,060 5,211,677
Currency futures | Derivative instruments not designated as hedging instruments | Payables to broker-dealers and clearing organizations    
Derivatives Liabilities    
Fair Value (175) 7,382
Notional 21,969 2,232,543
Fixed income futures | Derivative instruments not designated as hedging instruments | Receivables from broker-dealers and clearing organizations    
Derivatives Assets    
Fair Value 1 (3,890)
Notional 154,658 110,748
Fixed income futures | Derivative instruments not designated as hedging instruments | Payables to broker-dealers and clearing organizations    
Derivatives Liabilities    
Fair Value (179) (74)
Notional 681,692 21,077
Options    
Derivatives Assets    
Fair Value 10,222 55,423
Derivatives Liabilities    
Fair Value 11,588 5,240
Options | Derivative instruments not designated as hedging instruments | Financial instruments owned    
Derivatives Assets    
Fair Value 10,222 55,423
Notional 1,894,562 808,189
Options | Derivative instruments not designated as hedging instruments | Financial instruments sold, not yet purchased    
Derivatives Liabilities    
Fair Value 11,588 5,240
Notional 1,850,945 820,023
Currency forwards    
Derivatives Assets    
Fair Value 181,185 716,970
Derivatives Liabilities    
Fair Value 179,075 681,878
Currency forwards | Derivative instruments not designated as hedging instruments | Financial instruments owned    
Derivatives Assets    
Fair Value 181,185 716,970
Notional 33,226,454 42,202,047
Currency forwards | Derivative instruments not designated as hedging instruments | Financial instruments sold, not yet purchased    
Derivatives Liabilities    
Fair Value 179,075 681,878
Notional 33,225,399 42,184,501
Interest Rate Swap    
Derivatives Liabilities    
Fair Value 487 2,572
Interest Rate Swap | Derivative instruments designated as hedging instruments | Payables to broker-dealers and clearing organizations    
Derivatives Liabilities    
Fair Value 487 2,572
Notional $ 1,075,000 $ 1,075,000