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Broker-Dealer and Clearing Organization Receivables and Payables
6 Months Ended
Jun. 30, 2020
Broker-Dealer and Clearing Organization Receivables and Payables  
Broker-Dealer and Clearing Organization Receivables and Payables

20. Broker-Dealer and Clearing Organization Receivables and Payables

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

June 30,

December 31,

 

    

2020

    

2019

 

Receivables:

Securities borrowed

$

1,112,826

$

1,634,782

Securities failed to deliver

 

94,348

 

18,726

Trades in process of settlement

 

 

104,922

Other

 

15,453

 

21,850

$

1,222,627

$

1,780,280

Payables:

Securities loaned

$

982,070

$

1,555,964

Correspondents

 

39,810

 

37,036

Securities failed to receive

 

88,641

 

8,568

Trades in process of settlement

 

40,456

 

Other

 

7,651

 

3,950

$

1,158,628

$

1,605,518