Cash (Tables)

6 Months Ended

Jun. 30, 2025

Cash and Cash Equivalents [Abstract]

Schedule of Reconciliation of Cash and Cash Equivalents

The following table provides a reconciliation of cash and cash equivalents together with restricted or segregated cash

as reported within the Condensed Consolidated Statements of Financial Condition to the sum of the same such amounts shown in the Condensed Consolidated Statements of Cash Flows.


(in thousands)	June 30, 2025		December 31, 2024
Cash and cash equivalents	$	752,101	$	872,513
Cash restricted or segregated under regulations and other	37,706		41,478

Total cash, cash equivalents and restricted cash shown in the statement of cash flows	$	789,807	$	913,991

Schedule of Restrictions on Segregated Cash

The following table provides a reconciliation of cash and cash equivalents together with restricted or segregated cash

as reported within the Condensed Consolidated Statements of Financial Condition to the sum of the same such amounts shown in the Condensed Consolidated Statements of Cash Flows.


(in thousands)	June 30, 2025		December 31, 2024
Cash and cash equivalents	$	752,101	$	872,513
Cash restricted or segregated under regulations and other	37,706		41,478

Total cash, cash equivalents and restricted cash shown in the statement of cash flows	$	789,807	$	913,991