Client margin up 39% at HSBC’s F&O unit in January

FCM reports highest amount since Q2 2020

Required client margin held by HSBC’s futures and options (F&O) clearing unit in the US rose almost 39% in January to the highest level since May 2020.

Data from the Commodity Futures Trading Commission (CFTC) on the 47 reporting futures commission merchants (FCMs) shows the bank held $4.7 billion of required segregated customer funds to cover their F&O trades at end-January. A year earlier, that amount stood at $3.3 billion.



The average monthly amount of client margin was $3.4

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 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 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