Barclays’ F&O client margin hit new high in October
Bank on course to overtake Citi as sixth-largest FCM by required funds in the US
Required client margin held for futures and options trades by Barclays’ US clearing unit rose 5.5% in October as the bank continues its push into the clearing business.
The latest available data from the Commodity Futures Trading Commission (CFTC) shows the US futures commission merchant (FCM) held $15.8 billion, the seventh-highest amount across the 46 reporting firms and an all-time high for the
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