v3.8.0.1
Counterparty Risk (Tables)
 9 Months Ended
Sep. 30, 2017
Risks and Uncertainties [Abstract]  
% Of Total Deposits With Dealers Held As Collateral
The following table details the percentage of collateral amounts held by dealers who hold greater than 15% of the Company's Due from Brokers, included as of September 30, 2017:
Dealer
 
% of Total Due
from Brokers
J. P. Morgan Securities LLC
 
23%
Morgan Stanley
 
20%
BNP Paribas Securities Corp.
 
19%
% Of Total Receivable For Securities Sold
The following table details the percentage of amounts held by dealers who hold greater than 15% of the Company's Receivable for securities sold as of September 30, 2017:
Dealer
 
% of Total Receivable
for Securities Sold
Bank of America Securities
 
29%
Morgan Stanley
 
23%
Schedule of Cash and Cash Equivalents [Table Text Block]
In addition, the Company held cash and cash equivalents of $111.4 million and $123.3 million as of September 30, 2017 and December 31, 2016, respectively. The below table details the concentration of cash and cash equivalents held by each counterparty:
 
 
As of
Counterparty
 
September 30, 2017
 
December 31, 2016
Bank of New York Mellon Corporation
 
45%
 
27%
Goldman Sachs Financial Square Funds—Government Fund
 
36%
 
16%
BlackRock Liquidity Funds FedFund Portfolio
 
18%
 
41%
US Bank N.A.
 
1%
 
—%
Morgan Stanley Institutional Liquidity Fund—Government Portfolio
 
—%
 
16%