Receivables from/Payables to Broker-Dealers and Clearing Organizations (Tables)

12 Months Ended

Dec. 31, 2017

Receivables from/Payables to Broker-Dealers and Clearing Organizations

Summary of receivables from and payables to brokers-dealers and clearing organizations

(in thousands)	2017		2016
Assets
Due from prime brokers	$	219,573	$	91,476
Deposits with clearing organizations		112,847		21,995
Net equity with futures commission merchants		203,711		213,030
Unsettled trades with clearing organization		173,778		44,312
Securities failed to deliver		248,088		77,915
Commissions and fees		14,021		—
Total receivables from broker-dealers and clearing organizations	$	972,018	$	448,728
Liabilities
Due to prime brokers	$	197,439	$	227,335
Net equity with futures commission merchants		44,526		38,838
Unsettled trades with clearing organization		420,029		429,800
Securities failed to receive		51,143		5
Commissions and fees		3,068		—
Total payables to broker-dealers and clearing organizations	$	716,205	$	695,978