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

6 Months Ended

Jun. 30, 2023

Broker-Dealer [Abstract]

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

As of June 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):

	June 30, 2023		December 31, 2022
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers1:
Contract values of fails to deliver	$	1,075,858	$	404,076
Receivables from clearing organizations	142,589		132,149
Other receivables from broker-dealers and customers	33,655		19,693
Net pending trades	5,630		—
Open derivative contracts	5,201		3,762
Total	$	1,262,933	$	559,680
Payables to broker-dealers, clearing organizations, customers and related broker-dealers1:
Contract values of fails to receive	$	986,935	$	362,682
Payables to clearing organizations	60,198		16,855
Other payables to broker-dealers and customers	15,815		15,871
Net pending trades	—		1,634
Open derivative contracts	4,000		7,633
Total	$	1,066,948	$	404,675

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