v3.25.2
Derivative Instruments - Gain (Loss) From Derivative Instruments (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Oct. 31, 2019
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Not designated as hedging instruments              
Derivative Instruments, Gain (Loss) [Line Items]              
Trading income, net and other, net       $ 147,833 $ 48,276 $ 212,301 $ 45,083
Derivative instruments designed as hedging instruments:              
Derivative Instruments, Gain (Loss) [Line Items]              
Other comprehensive income       1,391 78 1,822 13,525
Futures | Not designated as hedging instruments              
Derivative Instruments, Gain (Loss) [Line Items]              
Trading income, net and other, net       56,616 26,170 26,385 27,702
Currency forwards | Not designated as hedging instruments              
Derivative Instruments, Gain (Loss) [Line Items]              
Trading income, net and other, net       72,937 7,520 161,964 1,459
Options | Not designated as hedging instruments              
Derivative Instruments, Gain (Loss) [Line Items]              
Trading income, net and other, net       18,405 20,280 26,987 33,318
Interest Rate Swap              
Derivative Instruments, Gain (Loss) [Line Items]              
Derivative contract term   2 years 5 years        
Derivative, notional amount $ 1,075,000 $ 1,525,000 $ 525,000   1,075,000   1,075,000
Gain on derivative instrument $ 5,700            
Interest Rate Swap | Not designated as hedging instruments              
Derivative Instruments, Gain (Loss) [Line Items]              
Trading income, net and other, net       0 5,686 0 5,686
Interest Rate Swap | Derivative instruments designed as hedging instruments:              
Derivative Instruments, Gain (Loss) [Line Items]              
Other comprehensive income       1,391 78 1,822 13,525
Terminated Interest Rate Swaps | Not designated as hedging instruments              
Derivative Instruments, Gain (Loss) [Line Items]              
Trading income, net and other, net       $ (125) $ (11,380) $ (3,035) $ (23,082)