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

6 Months Ended

Jun. 30, 2024

Broker-Dealer [Abstract]

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

As of June 30, 2024 and December 31, 2023, Receivables from and payables to broker-dealers, clearing organizations, customers and related broker-dealers consisted of the following (in thousands):

	June 30, 2024		December 31, 2023
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers1:
Contract values of fails to deliver	$	812,610	$	182,094
Receivables from clearing organizations	124,279		135,789
Other receivables from broker-dealers and customers	29,088		28,546
Net pending trades	92,019		—
Open derivative contracts	4,592		3,607
Total	$	1,062,588	$	350,036
Payables to broker-dealers, clearing organizations, customers and related broker-dealers1:
Contract values of fails to receive	$	752,470	$	172,231
Payables to clearing organizations	110,389		10,846
Other payables to broker-dealers and customers	16,005		13,357
Net pending trades	—		76
Open derivative contracts	1,540		5,756
Total	$	880,404	$	202,266

____________________________

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