Futures Accounts: The total amount of customer funds in futures accounts at US FCMs reached $333.1 billion in January, down 4.5% over the last 12 months. The number of FCMs holding customer funds in futures accounts was recorded at 46 in January, 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 $156.6 billion in the month of January. January’s level was down 3.3% from the record breaking month of December 2023 but up 2.1% from January 2023. The number of FCMs holding customer funds in cleared swaps accounts was recorded at 12 in January, 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 January, with a total of $68.6 billion across swaps, futures and Part 30 accounts. Looking at just the 15 largest FCMs, Marex Capital Markets was the FCM with the largest increase in customer funds compared to a year ago, with a growth of 83.6% to $7.1 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.
