Futures Accounts: The total amount of customer funds in futures accounts at US FCMs reached $343.6 billion in April, down 6% over the last 12 months. The number of FCMs holding customer funds in futures accounts was recorded at 47 in April, the same as a year ago but down from 54 five years ago.
Swaps Accounts: Customer funds held in cleared swaps accounts at US FCMs reached a record $160 billion in the month of April. April’s level was up 1.3% from the previous month and up 9% from April 2022. The number of FCMs holding customer funds in cleared swaps accounts was recorded at 12 in April, down from 13 a year ago with Credit Suisse Securities dropping out.
FCM Ranking: Goldman Sachs & Company was the FCM with the most customer funds in April, with a total of $69.8 billion across swaps, futures and Part 30 accounts. Looking at just the 15 largest FCMs, Barclays was the FCM with the largest percentage increase in customer funds compared to a year ago, with a growth of 18.6% to $32.7 billion. Outside the top 15, Credit Suisse Securities has continued to exhibit a significant decline with a 94.2% year-over-year drop to $236.7 million in customer funds.
Access the FIA FCM TrackerTM to view interactive visualizations covering monthly data reported to the US Commodity Futures Trading Commission on customer funds held at US futures commission merchants.
- FIA Data