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v3.22.2.2

Fair value measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021
--- | --- | ---
ASSETS |  |  |
Deposits with clearing organizations | $ 41,389 | $ 29,083 |
Securities owned: |  |  |
Securities owned, at fair value | 662,677 | 634,504 | [1]
Securities owned and sold, fair value | 662,677 | 634,504 |
Investments | 8,650 | 12,970 |
Derivative contracts |  |  |
Total | 712,716 | 676,649 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 94,893 | 71,958 | [1]
Derivative contracts: |  |  |
Derivative contracts | 149 | 368 |
Total | 95,042 | 72,326 |
Corporate equities |  |  |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 11,315 | 18,679 |
Money markets |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 78 | 31 |
Auction rate securities |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 33,123 | 31,804 |
TBAs |  |  |
Derivative contracts |  |  |
Derivative contracts, total |  | 92 |
Derivative contracts: |  |  |
Derivative contracts |  | 81 |
Futures |  |  |
Derivative contracts: |  |  |
Derivative contracts | 149 | 287 |
U.S. Treasury securities |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 519,569 | 505,875 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 72,842 | 42,298 |
U.S. Agency securities |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 19,063 | 5,622 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 6 | 4 |
Sovereign obligations |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 345 | 1,494 |
Corporate debt and other obligations |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 12,174 | 8,111 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 6,931 | 2,515 |
Mortgage and other asset-backed securities |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 2,050 | 3,889 |
Municipal obligations |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 31,838 | 18,520 |
Convertible bonds |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 17,139 | 13,778 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 3,799 | 8,462 |
Corporate equities | Corporate equities |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 27,298 | 45,380 |
Level 1 |  |  |
ASSETS |  |  |
Deposits with clearing organizations | 41,389 | 29,083 |
Securities owned: |  |  |
Securities owned, at fair value | 546,945 | 551,286 |
Derivative contracts |  |  |
Total | 588,334 | 580,369 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 84,157 | 60,977 |
Derivative contracts: |  |  |
Derivative contracts | 149 | 287 |
Total | 84,306 | 61,264 |
Level 1 | Money markets |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 78 | 31 |
Level 1 | Futures |  |  |
Derivative contracts: |  |  |
Derivative contracts | 149 | 287 |
Level 1 | U.S. Treasury securities |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 519,569 | 505,875 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 72,842 | 42,298 |
Level 1 | Corporate equities |  |  |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 11,315 | 18,679 |
Level 1 | Corporate equities | Corporate equities |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 27,298 | 45,380 |
Level 2 |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 82,609 | 51,414 |
Investments | 8,650 | 12,970 |
Derivative contracts |  |  |
Total | 91,259 | 64,476 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 10,736 | 10,981 |
Derivative contracts: |  |  |
Derivative contracts | 0 | 81 |
Total | 10,736 | 11,062 |
Level 2 | TBAs |  |  |
Derivative contracts |  |  |
Derivative contracts, total |  | 92 |
Derivative contracts: |  |  |
Derivative contracts |  | 81 |
Level 2 | U.S. Agency securities |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 19,063 | 5,622 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 6 | 4 |
Level 2 | Sovereign obligations |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 345 | 1,494 |
Level 2 | Corporate debt and other obligations |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 12,174 | 8,111 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 6,931 | 2,515 |
Level 2 | Mortgage and other asset-backed securities |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 2,050 | 3,889 |
Level 2 | Municipal obligations |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 31,838 | 18,520 |
Level 2 | Convertible bonds |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 17,139 | 13,778 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 3,799 | 8,462 |
Level 3 |  |  |
Securities owned: |  |  |
Securities owned, at fair value | 33,123 | 31,804 |
Derivative contracts |  |  |
Total | 33,123 | 31,804 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 0 |  |
Derivative contracts: |  |  |
Derivative contracts | 0 | 0 |
Total | 0 | 0 |
Level 3 | Auction rate securities |  |  |
Securities owned: |  |  |
Securities owned, at fair value | $ 33,123 | $ 31,804 |
[1] | Certain prior period reported amounts were reclassified to conform to the current period presentation, See Note 2

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