XML 99 R85.htm IDEA: XBRL DOCUMENT v3.2.0.727
Related Parties - Summary of Balances and Transactions with Related Parties or Their Affiliates (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Revenues          
Commissions and fees $ 87,370 $ 104,776 $ 187,331 $ 217,033  
Trading revenues, net 170,750 206,780 379,545 465,077  
Expenses          
Execution and clearance fees 62,598 73,242 131,071 148,743  
Communications and data processing 34,240 38,279 68,004 75,075  
Payment for order flow 14,935 18,076 30,156 40,108  
Collateralized financing interest 8,859 6,395 17,315 12,557  
Professional fees 5,694 7,337 16,875 12,739  
Other expense 10,652 10,767 18,460 19,410  
Assets          
Securities borrowed 1,871,312   1,871,312   $ 1,632,062
Receivable from brokers, dealers and clearing organizations 690,291   690,291   1,188,833
Other assets 234,459   234,459   137,645
Liabilities          
Securities loaned 741,732   741,732   707,744
Payable to brokers, dealers and clearing organizations 529,748   529,748   676,089
Related Parties [Member]          
Revenues          
Commissions and fees 2,636 2,740 6,128 7,886  
Trading revenues, net 1,804 541 3,905 1,355  
Interest, net 131 130 357 318  
Total revenues from related parties 4,571 3,411 10,390 9,559  
Expenses          
Execution and clearance fees (4,180) (2,537) (8,808) (6,548)  
Communications and data processing 1,299 0 2,409 0  
Payment for order flow 1,073 0 2,253 0  
Collateralized financing interest 134 120 247 279  
Professional fees 0 0 5,507 0  
Other expense 656 434 1,277 834  
Total expenses incurred with respect to related parties (1,018) $ (1,983) 2,885 $ (5,435)  
Assets          
Securities borrowed 45,466   45,466   26,110
Receivable from brokers, dealers and clearing organizations 107,946   107,946   20,075
Other assets 67,167   67,167   0
Liabilities          
Securities loaned 1,267   1,267   7,376
Payable to brokers, dealers and clearing organizations 40,128   40,128   8,509
Accrued expenses and other liabilities $ 4,626   $ 4,626   $ 5,667