Receivable from and Payable to Brokers, Dealers and Clearing Organizations

6 Months Ended

Jun. 30, 2014

Brokers and Dealers [Abstract]

Receivable from and Payable to Brokers, Dealers and Clearing Organizations

Receivable from and payable to brokers, dealers and clearing organizations

(Expressed in thousands)
	As of
	June 30, 2014		December 31, 2013
Receivable from brokers, dealers and clearing organizations consist of:
Securities borrowed	$	245,206	$	274,127
Receivable from brokers	23,086		23,384
Securities failed to deliver	51,432		9,628
Clearing organizations	22,820		26,446
Omnibus accounts	—		18,086
Other	8,773		13,202
	$	351,317	$	364,873
Payable to brokers, dealers and clearing organizations consist of:
Securities loaned	$	203,585	$	211,621
Securities failed to receive	37,910		5,346
Clearing organizations and other	13,937		6,348
	$	255,432	$	223,315