Revenues from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Revenues from Contracts with Customers and Other Sources of Revenues

The following table presents the Company’s total revenues separated between revenues from contracts with customers and other sources of revenues (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Revenues from contracts with customers:
Commissions	$	599,496	$	395,081	$	1,094,207	$	810,253
Data, network and post-trade	35,462		30,812		67,962		61,715
Fees from related parties	5,241		4,643		9,663		9,064
Other revenues	7,840		4,435		10,779		7,552
Total revenues from contracts with customers	648,039		434,971		1,182,611		888,584
Other sources of revenues:
Principal transactions	120,403		98,439		236,481		211,288
Interest and dividend income	15,268		17,145		26,897		26,909
Other revenues	294		206		2,255		2,594
Total revenues	$	784,004	$	550,761	$	1,448,244	$	1,129,375