Receivables From, Payables To, and Deposits With Broker-Dealers and Clearing Organizations

9 Months Ended

Sep. 30, 2021

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

Receivables From, Payables To, and Deposits With Broker-Dealers and Clearing Organizations

4. Receivables From, Payables To, and Deposits With Broker-Dealers and Clearing Organizations

Amounts receivable from, payables to, and deposits with broker-dealers and clearing organizations consisted of the following as of the periods indicated:

	As of September 30, 2021		As of December 31, 2020
Receivables from and deposits with broker-dealers and clearing organizations
DTCC / OCC / NSCC	$	11,030,000	$	17,841,000
Goldman Sachs		2,496,000		2,430,000
Pershing Capital		1,178,000		1,266,000
NFS		1,006,000		1,061,000
Securities fail-to-deliver		128,000		379,000
Globalshares		21,000		46,000
Other receivables		18,000		—
Total Receivables from and deposits with broker-dealers and clearing organizations	$	15,877,000	$	23,023,000
Payables to broker-dealers and clearing organizations
Securities fail-to-receive	$	3,093,000	$	1,810,000
Payables to broker-dealers		39,000		—
Total Payables to broker-dealers and clearing organizations	$	3,132,000	$	1,810,000

Under the DTCC shareholders’ agreement, MSCO is required to participate in the DTCC common stock mandatory purchase. As of September 30, 2021 and December 31, 2020, MSCO had shares of DTCC common stock valued at approximately $905,000 and $937,000, respectively, which are included within the line item “Deposits with broker-dealers and clearing organizations” on the statements of financial condition.