Collateralized Transactions (Tables)

12 Months Ended

Dec. 31, 2019

Collateralized Agreements [Abstract]

Summary of the fair value of collateralized transactions

The fair value of the collateralized transactions at December 31, 2019 and December 31, 2018 are summarized as follows:

(in thousands)	December 31, 2019		December 31, 2018
Securities received as collateral:
Securities borrowed	$	1,881,005	$	1,361,635
Securities purchased under agreements to resell	142,922		15,475
	$	2,023,927	$	1,377,110

Schedule of financial instruments owned and pledged, where counterparty has right to repledge

Financial instruments owned and pledged, where the counterparty has the right to repledge, at December 31, 2019 and December 31, 2018 consisted of the following:

(in thousands)	December 31, 2019		December 31, 2018
Equities	$	654,366	$	748,846
Exchange traded notes	42,590		42,269
	$	696,956	$	791,115