XML 29 R19.htm IDEA: XBRL DOCUMENT
v3.23.3

Receivables from and Payables to Broker-Dealers, Clearing Organizations, Customers and Related Broker-Dealers | 9 Months Ended
--- | ---
Sep. 30, 2023
Broker-Dealer [Abstract] |
Receivables from and Payables to Broker-Dealers, Clearing Organizations, Customers and Related Broker-Dealers | Receivables from and Payables to Broker-Dealers, Clearing Organizations, Customers and Related Broker-Dealers Receivables from and payables to broker-dealers, clearing organizations, customers and related broker-dealers primarily represent amounts due for undelivered securities, cash held at clearing organizations and exchanges to facilitate settlement and clearance of matched principal transactions, spreads on matched principal transactions that have not yet been remitted from/to clearing organizations and exchanges and amounts related to open derivative contracts (see Note 11—“Derivatives”). As of September 30, 2023 and December 31, 2022, Receivables from and payables to broker-dealers, clearing organizations, customers and related broker-dealers consisted of the following (in thousands):
| September 30, 2023 |  | December 31, 2022
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 1: |  |  |
Contract values of fails to deliver | $ | 999,169 |  | $ | 404,076 |
Receivables from clearing organizations | 130,411 |  | 132,149 |
Other receivables from broker-dealers and customers | 33,903 |  | 19,693 |
Net pending trades | 7,427 |  | — |
Open derivative contracts | 4,343 |  | 3,762 |
Total | $ | 1,175,253 |  | $ | 559,680 |
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 1: |  |  |
Contract values of fails to receive | $ | 889,926 |  | $ | 362,682 |
Payables to clearing organizations | 93,400 |  | 16,855 |
Other payables to broker-dealers and customers | 14,651 |  | 15,871 |
Net pending trades | — |  |  | 1,634 |
Open derivative contracts | 4,935 |  | 7,633 |
Total | $ | 1,002,912 |  | $ | 404,675 |
____________________________ 1 Includes receivables and payables with Cantor. See Note 13—“Related Party Transactions” for additional information. Substantially all open fails to deliver, open fails to receive and pending trade transactions as of September 30, 2023 have subsequently settled at the contracted amounts.

X
- References No definition available. + Details
Name: | srt_BrokersAndDealersAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for Due to and from Broker-Dealers and Clearing Organizations, including data and tables. This may include amounts receivable from and payable to broker-dealers and clearing organizations, including securities failed to receive, deposits received for securities loaned, amounts payable to clearing organizations related to open transactions, floor brokerage payables and payables for commodities futures accounts liquidating to an equity balance on a broker-dealer's records. + References No definition available. + Details
Name: | us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration