FCM client margin ebbed from record highs over Q2

Aggregate required client margin for swaps trades held by US futures commissions merchants (FCMs) declined $5.4 billion (-4%) over the three months to end-June, having climbed a record $34.8 billion the prior quarter. Still, year-to-date required margin was up a whopping 25%.

Goldman Sachs was the only one of the eight largest FCMs to post a meaningful increase in required margin quarter-on-quarter, of $837 million (+8%). Citi, the largest FCM, saw required margin amounts pare back 5% to $36

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net 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 individual account here