Receivables from and Payables to Broker-Dealers, Clearing Organizations, Customers and Related Broker-Dealers (Tables)

3 Months Ended

Mar. 31, 2023

Broker-Dealer [Abstract]

Receivables from and Payables to Broker-Dealers, Clearing Organizations, Customers and Related Broker-Dealers

As of March 31, 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):

	March 31, 2023		December 31, 2022
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers1:
Contract values of fails to deliver	$	1,639,830	$	404,076
Receivables from clearing organizations	170,925		132,149
Other receivables from broker-dealers and customers	30,842		19,693
Net pending trades	3,420		—
Open derivative contracts	7,045		3,762
Total	$	1,852,062	$	559,680
Payables to broker-dealers, clearing organizations, customers and related broker-dealers1:
Contract values of fails to receive	$	1,529,893	$	362,682
Payables to clearing organizations	122,224		16,855
Other payables to broker-dealers and customers	16,241		15,871
Net pending trades	—		1,634
Open derivative contracts	7,568		7,633
Total	$	1,675,926	$	404,675

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1Includes receivables and payables with Cantor. See Note 13—“Related Party Transactions” for additional information.