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Barclays edges past BofA in client swap margin

UK bank reclaims fifth spot in FCM ranking as margin tops $21bn

Barclays’ US clearing unit has overtaken Bank of America Securities in client margin for swaps, reclaiming its position as the fifth-largest futures commission merchant (FCM) by this metric for the first time in a year, data from the National Futures Association (NFA) shows.

As of July 15, Barclays Capital held a record $21.3 billion in client margin, boosted by a $1.2 billion increase over the

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