Futures Accounts: The total amount of customer funds in futures accounts at US FCMs reached a record $401.7 billion in August, up 1.1% from the previous month and up 19.5% over the last 12 months. The number of FCMs holding customer funds in futures accounts was recorded at 50 in August, same as a year ago but down from 53 five years ago.
Swaps Accounts: Customer funds held in cleared swaps accounts at US FCMs reached $175.4 billion in the month of August, the highest amount ever recorded. August’s level was up 2.9% from July 2025 and up 6.6% from August 2024. The number of FCMs holding customer funds in cleared swaps accounts was recorded at 17 in August, up from 14 a year ago with Deutsche Bank Securities, Robinhood Derivatives, and Webull Financial joining.
Note: For some of these firms, the customer funds are held for trading in event contracts, a type of derivative that the CFTC puts into the swaps category for certain regulatory purposes.
FCM Ranking: JP Morgan Securities was the FCM with the most customer funds in August, with a total of $99.1 billion across swaps, futures and Part 30 accounts. Looking at just the 15 largest FCMs, RBC Capital Markets was the FCM with the largest increase in customer funds compared to a year ago, with a growth of 36.5% to $8 billion.
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.
