Receivables from and Payables to Broker-Dealers, Clearing Organizations, Customers and Related Broker-Dealers (Details) - USD ($) $ in Thousands |
Mar. 31, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Receivables from broker-dealers, clearing organizations, customers and related broker-dealers | ||
| Contract values of fails to deliver | $ 1,614,514 | $ 284,804 |
| Receivables from clearing organizations | 152,524 | 151,212 |
| Other receivables from broker-dealers and customers | 46,582 | 29,591 |
| Net pending trades | 13,380 | 0 |
| Open derivative contracts | 5,901 | 2,428 |
| Total | 1,832,901 | 468,035 |
| Payables to broker-dealers, clearing organizations, customers and related broker-dealers | ||
| Contract values of fails to receive | 1,484,850 | 275,290 |
| Payables to clearing organizations | 123,390 | 10,237 |
| Other payables to broker-dealers and customers | 21,278 | 18,114 |
| Net pending trades | 0 | 1,115 |
| Open derivative contracts | 5,186 | 1,608 |
| Total | $ 1,634,704 | $ 306,364 |
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- Definition Amounts due to broker-dealers, clearing organizations, customers or related broker-dealers related to open derivative contracts. No definition available.
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- Definition Payable To Net pending Trades No definition available.
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- Definition Receivable from net pending trades. No definition available.
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- Definition Amounts due from broker-dealers, clearing organizations, customers or related broker-dealers related to open derivative contracts. No definition available.
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- Definition Amount payable to other broker-dealer and clearing organization, including, but not limited to, security failed-to-receive, deposit received for security loaned, open transaction, and floor-brokerage payable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount payable to broker-dealers or clearing organizations for executing or clearing trades or orders. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of other payables due to broker-dealers or clearing organizations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of other receivables due from broker-dealers or clearing organizations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount receivable from broker-dealers and clearing organizations, including, but not limited to, securities failed-to-deliver, certain deposits for securities borrowed, open transactions, good faith and margin deposits, commissions and floor brokerage receivables. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount of right to receive cash and securities on deposit with clearing organizations. Clearing organizations perform post trade processing and trade comparisons among numerous broker-dealers and act as settlement agents between buying and selling broker-dealers. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount receivable as the result of a fail-to-deliver. A fail-to-deliver is a securities sale to another broker-dealer that has not been delivered to buying broker-dealer by the close of business on the settlement date. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount payable as the result of fail-to-receive. A fail-to-receive is a securities purchase from another broker-dealer not received from the selling broker-dealer by the close of business on the settlement date. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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