Futures Accounts: The total amount of customer funds in futures accounts at US FCMs reached $346.5 billion in November, up 5% from the previous month and up 7.5% over the last 12 months. The number of FCMs holding customer funds in futures accounts was recorded at 49 in November, up from 45 year ago but down from 54 five years ago.
Swaps Accounts: Customer funds held in cleared swaps accounts at US FCMs reached $160.7 billion in the month of November. November’s level was down 0.9% from October 2024 but up 2% from November 2023. The number of FCMs holding customer funds in cleared swaps accounts was recorded at 15 in November, up from 13 a year ago with Marex Capital Markets, Interactive Brokers, and Robinhood Derivatives joining and Credit Suisse Securities dropping out.
FCM Ranking: JP Morgan Securities was the FCM with the most customer funds in November, with a total of $74.4 billion across swaps, futures and Part 30 accounts. Looking at just the 15 largest FCMs, BNP Paribas Securities was the FCM with the largest increase in customer funds compared to a year ago, with a growth of 26.9% to $11.3 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.
