Futures Accounts: The total amount of customer funds in futures accounts at US FCMs reached $335.3 billion in February, up 0.6% over the last 12 months. The number of FCMs holding customer funds in futures accounts was recorded at 47 in February, 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 $150.6 billion in the month of February. February’s level was down 1.8% from the previous month but up 9.6% from February 2022. The number of FCMs holding customer funds in cleared swaps accounts was recorded at 13 in February, the same as a year ago.
FCM Ranking: JP Morgan Securities was the FCM with the most customer funds in February, with a total of $71.3 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 28% to $31.8 billion. Outside the top 15, Credit Suisse Securities has continued to exhibit a significant decline with a 97.5% year-over-year drop to $219.2 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.
