CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
Assets
Cash and cash equivalents	$ 46,436	$ 40,009
Cash and securities segregated for regulatory purposes	4,000	100
Securities purchased under agreements to resell	303,000	86,484
Receivables from:
Brokers, dealers and clearing organizations	21,787	25,721
Related parties	1,307	2,245
Others	18,460	18,283
Financial instruments owned, at fair value (includes assets pledged of $1,169,365 and $1,280,443 at June 30, 2011 and December 31, 2010, respectively)	1,241,745	1,281,243
Investments	16,098	18,084
Office equipment and leasehold improvements, net	7,505	6,653
Goodwill	96,766	105,694
Intangible assets	9,457	15,565
Income taxes receivable	13,468	14,782
Deferred tax assets, net	30,028	34,154
Other assets	11,186	8,915
Total Assets	1,821,243	1,657,932
Payables to:
Brokers, dealers and clearing organizations	1,020,905	1,101,440
Related parties	5,019	4,986
Others	2,764	2,347
Securities sold under agreements to repurchase	191,449
Securities sold, but not yet purchased, at fair value	154,189	112,275
Secured borrowings	60,084
Accrued compensation	23,526	74,202
Accounts payable	2,990	1,161
Accrued expenses	9,331	7,595
Income taxes payable	3,671	3,468
Deferred tax liabilities	2,377	3,390
Subordinated debt	801	909
Total Liabilities	1,477,106	1,311,773
Commitments and Contingencies (See Note 16)
Stockholders' Equity
Common stock; $.01 par value; authorized 200,000,000 shares; issued 133,714,786 and 131,457,586 shares; and outstanding 127,831,586 and 130,809,868 shares; in each case, at June 30, 2011 and December 31, 2010, respectively	1,337	1,315
Additional paid-in capital	462,144	449,754
Deferred compensation	161	276
Accumulated deficit	(107,565)	(103,763)
Treasury stock, at cost (5,883,200 shares and 647,718 shares at June 30, 2011 and December 31, 2010, respectively)	(11,940)	(1,423)
Total Stockholders' Equity	344,137	346,159
Total Liabilities and Stockholders' Equity	$ 1,821,243	$ 1,657,932