Goldman client margin soared $4.5bn during wild October

Biggest one-month margin jump of 2014 triggers speculation among rivals


Client collateral held by Goldman Sachs leaped by almost $4.5 billion last October, figures from the Commodity Futures Trading Commission (CFTC) reveal – by far the largest one-month change seen by any futures commission merchant (FCM) last year. The move highlights how volatile margin numbers can be and has prompted speculation at rival FCMs as to the cause.

"I don't know what happened," says a clearing head at a rival bank. "No one else has really moved that much. The graph is nearly flat for

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: