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

12 Months Ended

Dec. 31, 2025

Due to and from Broker-Dealers and Clearing Organizations [Abstract]

Schedule of Receivables from and Payables to Broker-dealers, Clearing Organizations and Customers

Receivables from and payables to broker-dealers, clearing organizations and customers consisted of the following:

	As of
	December 31, 2025		December 31, 2024
	(In thousands)
Receivables from broker-dealers, clearing organizations and customers:
Securities failed-to-deliver – broker-dealers and clearing organizations	$	244,405	$	109,307
Securities failed-to-deliver – customers		131,632		136,424
Cash deposits with clearing organizations and broker-dealers		107,223		107,652
Other		5,951		4,345
Total	$	489,211	$	357,728
Payables to broker-dealers, clearing organizations and customers:
Securities failed-to-receive – broker-dealers and clearing organizations	$	224,844	$	158,694
Securities failed-to-receive – customers		93,107		51,916
Other		8,008		8,235
Total	$	325,959	$	218,845