Broker-Dealer and Clearing Organization Receivables and Payables

9 Months Ended

Sep. 30, 2013

Broker-Dealer and Clearing Organization Receivables and Payables

Broker-Dealer and Clearing Organization Receivables and Payables

17. Broker-Dealer and Clearing Organization Receivables and Payables

Broker-dealer and clearing organization receivables and payables consisted of the following (in thousands).

	September 30,		December 31,
	2013		2012
Receivables:
Securities borrowed	$	100,348	$	103,936
Securities failed to deliver	21,442		33,045
Clearing organizations	10,842		8,543
Due from dealers	4		40
	$	132,636	$	145,564
Payables:
Securities loaned	$	70,769	$	115,102
Correspondents	43,550		41,414
Securities failed to receive	24,888		31,474
Clearing organizations	3,204		—
	$	142,411	$	187,990