Futures Accounts: The total amount of customer funds in futures accounts at US FCMs reached $318.4 billion in October, down 8.8% over the last 12 months. The number of FCMs holding customer funds in futures accounts was recorded at 46 in October, down from 47 a year ago and down from 54 five years ago.
Swaps Accounts: Customer funds held in cleared swaps accounts at US FCMs reached $148.8 billion in the month of October. October’s level was down 2% from September 2023 and down 2% from October 2022. The number of FCMs holding customer funds in cleared swaps accounts was recorded at 12 in October, down from 13 a year ago, with Credit Suisse Securities dropping out.
FCM Ranking: JP Morgan Securities was the FCM with the most customer funds in September, with a total of $65.2 billion across swaps, futures and Part 30 accounts. Looking at just the 15 largest FCMs, Wells Fargo Securities was the FCM with the largest increase in customer funds compared to a year ago, with a growth of 5.7% to $20.1 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.