Receivable from and payable to brokers, dealers and clearing organizations (Tables)

9 Months Ended

Sep. 30, 2024

Broker-Dealer [Abstract]

Schedule of Receivable from and Payable to Brokers, Dealers and Clearing Organizations

(Expressed in thousands)
	As of
	September 30, 2024		December 31, 2023
Receivable from brokers, dealers and clearing organizations consisting of:
Securities borrowed	$	142,812	$	158,612
Receivable from brokers	58,041		65,639
Clearing organizations and other	43,680		30,789
Securities failed to deliver	32,006		29,656
Total	$	276,539	$	284,696
Payable to brokers, dealers and clearing organizations consisting of:
Securities loaned	$	272,010	$	284,987
Securities failed to receive	35,200		23,809
Payable to brokers	4,685		447
Clearing organizations and other (1)	7,634		52,647
Total	$	319,529	$	361,890

(1) As of December 31, 2023, approximately $48.4 million of this balance represents a payable for trades executed, but not yet settled.