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SECURITIES AND OTHER INVESTMENTS OWNED AND SECURITIES SOLD NOT YET PURCHASED - Additional information (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2026
USD ($)
investment
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
investment
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]      
Equity securities, FV-NI, unrealized gain (loss) $ 95,736 $ (16,209)  
Other Equity Investments      
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]      
Equity method investments, fair value $ 20,117   $ 19,835
Equity method investment, number of private companies | investment 3   3
B&W      
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]      
Rate of equity interests 20.00%   25.00%
Equity method investments, fair value $ 403,189   $ 174,011