Client margin at Credit Suisse down $14.6bn since Archegos collapse

Bank’s US clearing units slashed required funds for swaps and F&O since March 2021

A year on since the Archegos blow-up, required client margin held by Credit Suisse’s US clearing business for both swaps and futures and options (F&O) trades hit a new low, as clients continue to take their clearing business elsewhere.

Data from the Commodity Futures Trading Commission (CFTC) for futures commission merchants (FCMs) shows the US unit of the Swiss bank held $1.08 billion of required segregated customer funds to cover their cleared F&O and $3.8 billion for cleared swaps – down 84%

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