Margin Statistics
Pursuant to FINRA Rule 4521, FINRA member firms carrying margin accounts for customers are required to submit, on a settlement date basis, as of the last business day of the month, the following customer information:
- the total of all debit balances in securities margin accounts; and
- the total of all free credit balances in all cash accounts and all securities margin accounts.1
FINRA collects the required data via FINRA’s Customer Margin Balance Form. The data is compiled in aggregate form and made available below. See Regulatory Notice 10-08 (Customer Margin Accounts) for more information.
FINRA Statistics2 (shown in $ millions)
| Month/Year | Debit Balances in Customers' Securities Margin Accounts | Free Credit Balances in Customers' Cash Accounts | Free Credit Balances in Customers' Securities Margin Accounts |
|---|---|---|---|
| Jan-18 | 665,716 | 168,450 | 181,763 |
| Feb-18 | 645,064 | 164,657 | 183,267 |
| Mar-18 | 645,235 | 166,148 | 180,751 |
| Apr-18 | 652,303 | 155,989 | 179,410 |
| May-18 | 668,940 | 155,344 | 181,890 |
| Jun-18 | 646,931 | 157,150 | 179,399 |
| Jul-18 | 652,790 | 148,947 | 178,299 |
| Aug-18 | 652,395 | 148,873 | 178,601 |
| Sept-18 | 648,126 | 151,384 | 188,152 |
| Oct-18 | 607,645 | 148,037 | 183,432 |
| Nov-18 | 592,593 | 146,452 | 178,810 |
| Dec-18 | 554,285 | 159,572 | 190,743 |
| Month/Year | Debit Balances in Customers' Securities Margin Accounts | Free Credit Balances in Customers' Cash Accounts | Free Credit Balances in Customers' Securities Margin Accounts |
|---|---|---|---|
| Jan-17 | 553,557 | 186,301 | 186,029 |
| Feb-17 | 568,637 | 185,720 | 184,598 |
| Mar-17 | 577,674 | 186,892 | 184,977 |
| Apr-17 | 590,797 | 180,908 | 184,930 |
| May-17 | 582,764 | 176,970 | 185,463 |
| Jun-17 | 584,258 | 176,707 | 187,500 |
| Jul-17 | 594,414 | 173,195 | 184,246 |
| Aug-17 | 596,567 | 170,524 | 183,744 |
| Sep-17 | 606,334 | 172,872 | 183,599 |
| Oct-17 | 607,838 | 169,368 | 184,047 |
| Nov-17 | 627,422 | 170,948 | 185,312 |
| Dec-17 | 642,798 | 172,999 | 182,773 |
| Month/Year | Debit Balances in Customers' Securities Margin Accounts | Free Credit Balances in Customers' Cash Accounts | Free Credit Balances in Customers' Securities Margin Accounts |
|---|---|---|---|
| Jan-16 | 487,200 | 180,616 | 162,825 |
| Feb-16 | 474,156 | 178,989 | 168,308 |
| Mar-16 | 483,909 | 182,673 | 172,525 |
| Apr-16 | 495,178 | 176,016 | 187,000 |
| May-16 | 489,867 | 177,161 | 187,495 |
| Jun-16 | 487,636 | 186,233 | 189,585 |
| Jul-16 | 513,221 | 183,435 | 188,155 |
| Aug-16 | 510,157 | 177,764 | 185,695 |
| Sep-16 | 540,615 | 184,757 | 182,833 |
| Oct-16 | 523,760 | 182,051 | 182,986 |
| Nov-16 | 539,972 | 179,598 | 187,085 |
| Dec-16 | 529,372 | 188,062 | 189,979 |
| Month/Year | Debit Balances in Customers' Securities Margin Accounts | Free Credit Balances in Customers' Cash Accounts | Free Credit Balances in Customers' Securities Margin Accounts |
|---|---|---|---|
| Jan-15 | 485,872 | 163,599 | 178,259 |
| Feb-15 | 504,923 | 168,371 | 170,930 |
| Mar-15 | 518,055 | 171,625 | 170,074 |
| Apr-15 | 549,964 | 168,430 | 167,073 |
| May-15 | 541,671 | 166,334 | 169,076 |
| Jun-15 | 547,957 | 170,614 | 168,441 |
| Jul-15 | 530,744 | 168,659 | 169,132 |
| Aug-15 | 515,960 | 175,647 | 168,692 |
| Sep-15 | 497,279 | 173,760 | 167,132 |
| Oct-15 | 513,941 | 174,437 | 163,210 |
| Nov-15 | 515,410 | 174,607 | 165,584 |
| Dec-15 | 503,444 | 181,812 | 159,677 |
| Month/Year | Debit Balances in Customers' Securities Margin Accounts | Free Credit Balances in Customers' Cash Accounts | Free Credit Balances in Customers' Securities Margin Accounts |
|---|---|---|---|
| Jan-14 | 487,549 | 151,878 | 195,863 |
| Feb-14 | 502,093 | 154,049 | 190,312 |
| Mar-14 | 487,932 | 156,083 | 194,461 |
| Apr-14 | 475,195 | 149,801 | 194,679 |
| May-14 | 475,362 | 150,474 | 188,551 |
| Jun-14 | 502,270 | 160,293 | 184,723 |
| Jul-14 | 498,671 | 155,931 | 177,981 |
| Aug-14 | 501,000 | 155,245 | 180,820 |
| Sep-14 | 503,901 | 161,621 | 183,243 |
| Oct-14 | 492,888 | 158,624 | 185,193 |
| Nov-14 | 496,341 | 158,420 | 184,227 |
| Dec-14 | 495,756 | 169,295 | 181,223 |
| Month/Year | Debit Balances in Customers' Securities Margin Accounts | Free Credit Balances in Customers' Cash Accounts | Free Credit Balances in Customers' Securities Margin Accounts |
|---|---|---|---|
| Jan-13 | 388,123 | 142,856 | 199,709 |
| Feb-13 | 390,351 | 142,123 | 208,682 |
| Mar-13 | 403,933 | 144,530 | 197,887 |
| Apr-13 | 408,677 | 140,706 | 191,719 |
| May-13 | 401,606 | 146,765 | 199,756 |
| Jun-13 | 407,681 | 150,093 | 200,308 |
| Jul-13 | 412,101 | 144,495 | 194,790 |
| Aug-13 | 414,442 | 143,808 | 195,181 |
| Sep-13 | 432,852 | 149,895 | 197,780 |
| Oct-13 | 445,022 | 151,494 | 199,889 |
| Nov-13 | 456,378 | 150,214 | 199,153 |
| Dec-13 | 478,502 | 157,000 | 197,521 |
| Month/Year | Debit Balances in Customers' Securities Margin Accounts | Free Credit Balances in Customers' Cash Accounts | Free Credit Balances in Customers' Securities Margin Accounts |
|---|---|---|---|
| Jan-12 | 309,844 | 137,309 | 174,889 |
| Feb-12 | 323,021 | 139,609 | 177,639 |
| Mar-12 | 330,815 | 142,297 | 182,814 |
| Apr-12 | 335,154 | 138,909 | 182,021 |
| May-12 | 315,147 | 139,111 | 187,938 |
| Jun-12 | 320,952 | 138,937 | 192,149 |
| Jul-12 | 313,525 | 124,330 | 194,741 |
| Aug-12 | 320,395 | 124,276 | 196,786 |
| Sep-12 | 339,159 | 129,389 | 205,176 |
| Oct-12 | 342,325 | 124,800 | 200,406 |
| Nov-12 | 351,441 | 135,650 | 202,425 |
| Dec-12 | 355,009 | 162,206 | 211,576 |
| Month/Year | Debit Balances in Customers' Securities Margin Accounts | Free Credit Balances in Customers' Cash Accounts | Free Credit Balances in Customers' Securities Margin Accounts |
|---|---|---|---|
| Jan-11 | 326,868 | 130,894 | 173,545 |
| Feb-11 | 348,979 | 135,760 | 179,102 |
| Mar-11 | 355,413 | 133,386 | 170,139 |
| Apr-11 | 360,883 | 133,131 | 175,399 |
| May-11 | 355,736 | 133,727 | 175,508 |
| Jun-11 | 345,273 | 139,575 | 183,547 |
| Jul-11 | 344,572 | 138,316 | 182,957 |
| Aug-11 | 308,866 | 135,508 | 193,533 |
| Sep-11 | 298,277 | 141,806 | 204,307 |
| Oct-11 | 317,028 | 133,639 | 188,141 |
| Nov-11 | 303,930 | 132,934 | 188,259 |
| Dec-11 | 301,616 | 142,533 | 189,143 |
| Month/Year | Debit Balances in Customers' Securities Margin Accounts | Free Credit Balances in Customers' Cash Accounts | Free Credit Balances in Customers' Securities Margin Accounts |
|---|---|---|---|
| Feb-10 | 263,657 | 106,131 | 164,624 |
| Mar-10 | 277,798 | 108,908 | 162,169 |
| Apr-10 | 295,550 | 111,217 | 160,630 |
| May-10 | 268,566 | 114,051 | 166,706 |
| Jun-10 | 263,202 | 114,265 | 172,908 |
| Jul-10 | 267,468 | 106,290 | 172,179 |
| Aug-10 | 268,371 | 106,870 | 174,209 |
| Sep-10 | 288,540 | 114,321 | 173,544 |
| Oct-10 | 303,428 | 114,784 | 176,588 |
| Nov-10 | 309,340 | 119,305 | 176,805 |
| Dec-10 | 313,678 | 126,098 | 182,426 |
1 Note that under FINRA Rule 4521, free credit balances in customers’ cash accounts and customers’ securities margin accounts must be reported as two separate data points.
2 As of February 2010, data are collected pursuant to FINRA Rule 4521 and are aggregated across all member firms, regardless of whether the firm was designated to NASD or the New York Stock Exchange (NYSE) before the consolidation of NASD and the member firm regulation operations of NYSE Regulation in July 2007 that created FINRA.
Historical Data
Through January 2010, NYSE and FINRA each independently collected similar margin data from their respective member firms. The data below are divided into three sections:
- FINRA statistics only (from FINRA-designated clearing firms only);
- NYSE statistics only (from NYSE-designated clearing firms only); and
- Combined statistics from both FINRA and NYSE beginning in 1997.
For the period of July 2007 (when NASD and the member firm regulation operations of NYSE Regulation consolidated to become FINRA) through January 2010, the NYSE statistics set forth below include clearing firms historically designated to NYSE, and the FINRA statistics include clearing firms historically designated to NASD.
Note that the combined FINRA and NYSE statistics as given below have been compiled from different reports that member firms submitted to FINRA or NYSE, as required.
FINRA Statistics (shown in $ millions)
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
|---|---|---|
| Jan-10 | 32,771 | 57,689 |
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
| Jan-09 | 27,297 | 67,573 |
| Feb-09 | 26,345 | 64,643 |
| Mar-09 | 21,807 | 63,687 |
| Apr-09 | 23,890 | 67,908 |
| May-09 | 25,151 | 67,933 |
| Jun-09 | 28,890 | 73,544 |
| Jul-09 | 29,274 | 74,222 |
| Aug-09 | 29,531 | 71,499 |
| Sep-09 | 33,317 | 74,776 |
| Oct-09 | 33,584 | 69,198 |
| Nov-09 | 30,030 | 61,638 |
| Dec-09 | 31,520 | 65,576 |
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
|---|---|---|
| Jan-08 | 37,262 | 56,006 |
| Feb-08 | 42,188 | 55,065 |
| Mar-08 | 37,759 | 61,041 |
| Apr-08 | 36,753 | 58,031 |
| May-08 | 31,300 | 49,218 |
| Jun-08 | 32,532 | 52,204 |
| Jul-08 | 30,007 | 50,136 |
| Aug-08 | 32,704 | 53,332 |
| Sep-08 | 45,785 | 81,682 |
| Oct-08 | 44,218 | 96,229 |
| Nov-08 | 25,854 | 75,402 |
| Dec-08 | 23,475 | 57,083 |
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
|---|---|---|
| Jan-07 | 25,896 | 45,991 |
| Feb-07 | 25,301 | 48,382 |
| Mar-07 | 24,577 | 43,899 |
| Apr-07 | 24,094 | 47,814 |
| May-07 | 29,282 | 49,129 |
| Jun-07 | 30,204 | 48,397 |
| Jul-07 | 35,033 | 52,401 |
| Aug-07 | 31,105 | 48,410 |
| Sep-07 | 29,594 | 49,914 |
| Oct-07 | 31,559 | 48,803 |
| Nov-07 | 35,293 | 51,671 |
| Dec-07 | 32,512 | 50,753 |
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
|---|---|---|
| Jan-06 | 23,605 | 57,349 |
| Feb-06 | 26,829 | 58,003 |
| Mar-06 | 22,700 | 56,818 |
| Apr-06 | 23,624 | 57,322 |
| May-06 | 25,068 | 57,007 |
| Jun-06 | 25,715 | 58,325 |
| Jul-06 | 24,526 | 48,956 |
| Aug-06 | 22,888 | 50,673 |
| Sep-06 | 24,649 | 45,562 |
| Oct-06 | 23,340 | 43,862 |
| Nov-06 | 24,379 | 44,730 |
| Dec-06 | 27,908 | 45,533 |
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
|---|---|---|
| Jan-05 | 16,802 | 28,014 |
| Feb-05 | 23,675 | 52,102 |
| Mar-05 | 25,186 | 54,133 |
| Apr-05 | 23,287 | 51,669 |
| May-05 | 23,134 | 52,763 |
| Jun-05 | 23,653 | 52,422 |
| Jul-05 | 22,645 | 51,112 |
| Aug-05 | 22,740 | 50,450 |
| Sep-05 | 26,909 | 52,889 |
| Oct-05 | 27,328 | 52,514 |
| Nov-05 | 23,884 | 52,755 |
| Dec-05 | 22,438 | 54,765 |
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
|---|---|---|
| Jan-04 | 10,609 | 23,318 |
| Feb-04 | 10,088 | 21,943 |
| Mar-04 | 11,741 | 22,713 |
| Apr-04 | 17,498 | 29,652 |
| May-04 | 15,373 | 28,330 |
| Jun-04 | 13,903 | 25,421 |
| Jul-04 | 10,814 | 21,946 |
| Aug-04 | 10,728 | 23,335 |
| Sep-04 | 13,568 | 26,740 |
| Oct-04 | 12,299 | 25,610 |
| Nov-04 | 14,022 | 27,228 |
| Dec-04 | 13,783 | 26,762 |
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
|---|---|---|
| Jan-03 | 6,481 | 16,898 |
| Feb-03 | 6,486 | 17,265 |
| Mar-03 | 8,357 | 17,265 |
| Apr-03 | 7,297 | 19,436 |
| May-03 | 7,345 | 19,136 |
| Jun-03 | 19,731 | 27,756 |
| Jul-03 | 25,977 | 32,593 |
| Aug-03 | 17,540 | 28,072 |
| Sep-03 | 15,324 | 26,446 |
| Oct-03 | 12,708 | 22,664 |
| Nov-03 | 10,447 | 20,329 |
| Dec-03 | 8,239 | 21,817 |
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
|---|---|---|
| Jan-02 | 10,516 | 17,401 |
| Feb-02 | 7,901 | 14,839 |
| Mar-02 | 10,719 | 17,088 |
| Apr-02 | 8,132 | 15,050 |
| May-02 | 6,942 | 14,325 |
| Jun-02 | 7,702 | 14,634 |
| Jul-02 | 7,745 | 16,386 |
| Aug-02 | 6,346 | 15,895 |
| Sep-02 | 5,897 | 14,817 |
| Oct-02 | 8,077 | 17,669 |
| Nov-02 | 6,412 | 17,442 |
| Dec-02 | 5,071 | 15,685 |
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
|---|---|---|
| Jan-01 | 11,577 | 15,465 |
| Feb-01 | 12,017 | 15,196 |
| Mar-01 | 9,447 | 14,761 |
| Apr-01 | 9,156 | 16,215 |
| May-01 | 8,861 | 15,243 |
| Jun-01 | 9,585 | 13,902 |
| Jul-01 | 8,430 | 13,660 |
| Aug-01 | 8,186 | 13,519 |
| Sept-01 | 13,261 | 21,611 |
| Oct-01 | 8,357 | 15,612 |
| Nov-01 | 10,790 | 18,021 |
| Dec-01 | 10,023 | 17,744 |
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
|---|---|---|
| Jan-00 | 16,919 | 15,007 |
| Feb-00 | 18,996 | 17,370 |
| Mar-00 | 21,403 | 17,452 |
| Apr-00 | 17,016 | 14,748 |
| May-00 | 16,202 | 14,173 |
| Jun-00 | 17,271 | 13,940 |
| Jul-00 | 18,759 | 16,350 |
| Aug-00 | 17,606 | 16,115 |
| Sept-00 | 19,428 | 15,239 |
| Oct-00 | 17,589 | 16,336 |
| Nov-00 | 18,803 | 15,679 |
| Dec-00 | 11,595 | 13,099 |
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
|---|---|---|
| Jan-99 | 9,082 | 10,720 |
| Feb-99 | 11,379 | 12,763 |
| Mar-99 | 9,772 | 10,386 |
| Apr-99 | 11,449 | 10,220 |
| May-99 | 11,966 | 11,356 |
| Jun-99 | 10,765 | 10,017 |
| Jul-99 | 11,143 | 10,687 |
| Aug-99 | 11,226 | 10,319 |
| Sep-99 | 10,425 | 11,272 |
| Oct-99 | 11,987 | 11,332 |
| Nov-99 | 12,024 | 14,106 |
| Dec-99 | 13,437 | 12,382 |
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
|---|---|---|
| Jan-98 | 5,122 | 5,262 |
| Feb-98 | 5,738 | 5,842 |
| Mar-98 | 6,196 | 6,810 |
| Apr-98 | 6,349 | 6,561 |
| May-98 | 6,693 | 6,204 |
| Jun-98 | 6,657 | 6,846 |
| Jul-98 | 6,610 | 7,087 |
| Aug-98 | 8,079 | 7,783 |
| Sep-98 | 7,001 | 7,669 |
| Oct-98 | 8,239 | 10,069 |
| Nov-98 | 8,987 | 11,242 |
| Dec-98 | 7,694 | 8,807 |
| Month/Year | Debit Balances in Customers' Cash and Margin Accounts |
Free and Other Credit Balances in Customers' Securities Accounts |
| Jan-97 | 3,877 | 4,706 |
| Feb-97 | 3,886 | 4,768 |
| Mar-97 | 4,675 | 5,573 |
| Apr-97 | 3,972 | 4,565 |
| May-97 | 5,087 | 5,429 |
| Jun-97 | 5,403 | 6,722 |
| Jul-97 | 4,900 | 5,439 |
| Aug-97 | 4,594 | 4,876 |
| Sep-97 | 5,912 | 5,687 |
| Oct-97 | 6,301 | 5,872 |
| Nov-97 | 5,411 | 5,054 |
| Dec-97 | 5,470 | 5,020 |
NYSE Statistics (shown in $ millions)
(These statistics are provided courtesy of the New York Stock Exchange, Inc.)
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
|---|---|---|---|
| Jan-10 | 233,684 | 88,669 | 134,677 |
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
| Jan-09 | 177,710 | 93,500 | 155,690 |
| Feb-09 | 173,310 | 91,120 | 154,740 |
| Mar-09 | 182,160 | 90,560 | 137,680 |
| Apr-09 | 184,120 | 91,890 | 125,860 |
| May-09 | 189,250 | 89,880 | 117,500 |
| Jun-09 | 188,250 | 89,980 | 120,350 |
| Jul-09 | 199,460 | 84,040 | 118,820 |
| Aug-09 | 206,720 | 90,450 | 120,040 |
| Sep-09 | 220,790 | 86,490 | 125,930 |
| Oct-09 | 231,820 | 94,150 | 136,510 |
| Nov-09 | 220,958 | 87,487 | 134,946 |
| Dec-09 | 230,879 | 91,687 | 123,780 |
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
|---|---|---|---|
| Jan-08 | 328,330 | 142,100 | 276,390 |
| Feb-08 | 334,900 | 133,670 | 266,050 |
| Mar-08 | 311,660 | 122,140 | 305,650 |
| Apr-08 | 295,550 | 100,600 | 313,740 |
| May-08 | 310,310 | 95,930 | 325,040 |
| Jun-08 | 314,360 | 96,090 | 351,340 |
| Jul-08 | 313,290 | 98,890 | 370,200 |
| Aug-08 | 292,110 | 90,860 | 358,850 |
| Sep-08 | 299,960 | 106,670 | 193,350 |
| Oct-08 | 233,350 | 100,330 | 186,870 |
| Nov-08 | 201,480 | 103,510 | 185,320 |
| Dec-08 | 186,710 | 106,650 | 181,980 |
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
|---|---|---|---|
| Jan-07 | 285,610 | 90,340 | 156,190 |
| Feb-07 | 295,870 | 96,550 | 155,140 |
| Mar-07 | 293,160 | 99,690 | 161,890 |
| Apr-07 | 317,990 | 104,360 | 162,570 |
| May-07 | 353,030 | 109,030 | 176,200 |
| Jun-07 | 378,240 | 119,300 | 179,920 |
| Jul-07 | 381,370 | 122,740 | 205,830 |
| Aug-07 | 331,370 | 118,250 | 214,890 |
| Sep-07 | 329,510 | 118,910 | 208,540 |
| Oct-07 | 345,420 | 120,840 | 222,900 |
| Nov-07 | 344,300 | 128,530 | 246,520 |
| Dec-07 | 322,780 | 130,620 | 274,980 |
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
|---|---|---|---|
| Jan-06 | 232,190 | 83,250 | 115,220 |
| Feb-06 | 222,780 | 81,600 | 117,970 |
| Mar-06 | 236,670 | 82,750 | 119,360 |
| Apr-06 | 241,540 | 83,000 | 119,020 |
| May-06 | 230,540 | 81,090 | 126,210 |
| Jun-06 | 225,780 | 84,400 | 137,550 |
| Jul-06 | 231,490 | 79,420 | 141,000 |
| Aug-06 | 226,480 | 79,460 | 139,290 |
| Sep-06 | 237,120 | 80,470 | 142,580 |
| Oct-06 | 244,370 | 80,200 | 143,400 |
| Nov-06 | 270,520 | 90,980 | 155,200 |
| Dec-06 | 275,380 | 94,450 | 159,040 |
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
|---|---|---|---|
| Jan-05 | 203,320 | 87,260 | 115,350 |
| Feb-05 | 199,480 | 77,960 | 94,330 |
| Mar-05 | 201,690 | 80,200 | 100,200 |
| Apr-05 | 194,160 | 74,720 | 97,450 |
| May-05 | 196,270 | 72,690 | 99,480 |
| Jun-05 | 200,500 | 76,380 | 105,550 |
| Jul-05 | 210,940 | 74,130 | 99,000 |
| Aug-05 | 208,660 | 75,910 | 99,050 |
| Sep-05 | 217,760 | 79,310 | 106,730 |
| Oct-05 | 212,540 | 77,550 | 113,110 |
| Nov-05 | 219,020 | 78,330 | 110,610 |
| Dec-05 | 221,660 | 88,730 | 119,710 |
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
|---|---|---|---|
| Jan-04 | 178,820 | 82,740 | 92,570 |
| Feb-04 | 180,360 | 84,540 | 93,840 |
| Mar-04 | 179,710 | 80,560 | 100,680 |
| Apr-04 | 181,280 | 84,670 | 103,670 |
| May-04 | 178,470 | 85,060 | 106,250 |
| Jun-04 | 180,090 | 85,540 | 109,820 |
| Jul-04 | 177,030 | 83,530 | 114,720 |
| Aug-04 | 177,100 | 80,280 | 114,330 |
| Sep-04 | 180,100 | 83,400 | 110,720 |
| Oct-04 | 185,700 | 81,610 | 110,870 |
| Nov-04 | 196,990 | 85,740 | 110,960 |
| Dec-04 | 203,790 | 93,580 | 117,850 |
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
|---|---|---|---|
| Jan-03 | 134,910 | 66,200 | 96,430 |
| Feb-03 | 134,030 | 67,260 | 95,400 |
| Mar-03 | 135,910 | 68,860 | 90,830 |
| Apr-03 | 135,940 | 60,680 | 88,640 |
| May-03 | 146,380 | 71,270 | 88,540 |
| Jun-03 | 148,550 | 74,350 | 87,920 |
| Jul-03 | 148,450 | 76,170 | 91,210 |
| Aug-03 | 149,660 | 72,000 | 88,040 |
| Sep-03 | 155,870 | 74,760 | 88,620 |
| Oct-03 | 162,720 | 79,530 | 89,360 |
| Nov-03 | 172,140 | 77,130 | 87,440 |
| Dec-03 | 173,220 | 84,920 | 92,560 |
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
|---|---|---|---|
| Jan-02 | 150,390 | 75,110 | 97,330 |
| Feb-02 | 147,030 | 72,730 | 99,350 |
| Mar-02 | 149,370 | 69,790 | 93,700 |
| Apr-02 | 150,940 | 68,540 | 92,140 |
| May-02 | 150,860 | 66,120 | 92,950 |
| Jun-02 | 146,270 | 68,280 | 95,830 |
| Jul-02 | 136,160 | 68,860 | 98,080 |
| Aug-02 | 132,160 | 63,700 | 95,400 |
| Sep-02 | 130,210 | 67,550 | 98,630 |
| Oct-02 | 130,570 | 66,780 | 96,620 |
| Nov-02 | 133,060 | 67,380 | 91,240 |
| Dec-02 | 134,380 | 73,340 | 95,690 |
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
|---|---|---|---|
| Jan-01 | 197,110 | 81,380 | 90,380 |
| Feb-01 | 186,870 | 78,670 | 99,400 |
| Mar-01 | 165,350 | 77,520 | 106,300 |
| Apr-01 | 166,940 | 77,460 | 97,470 |
| May-01 | 174,180 | 76,260 | 91,990 |
| Jun-01 | 170,000 | 75,270 | 98,430 |
| Jul-01 | 165,250 | 73,490 | 97,950 |
| Aug-01 | 161,130 | 73,710 | 103,990 |
| Sept-01 | 144,670 | 74,220 | 115,450 |
| Oct-01 | 144,010 | 69,550 | 101,850 |
| Nov-01 | 148,650 | 72,090 | 98,330 |
| Dec-01 | 150,450 | 78,040 | 101,640 |
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
|---|---|---|---|
| Jan-00 | 243,490 | 75,760 | 57,800 |
| Feb-00 | 265,210 | 79,700 | 56,470 |
| Mar-00 | 278,530 | 85,530 | 65,020 |
| Apr-00 | 251,700 | 76,190 | 65,930 |
| May-00 | 240,660 | 73,500 | 66,170 |
| Jun-00 | 247,200 | 74,140 | 64,970 |
| Jul-00 | 244,970 | 74,970 | 71,730 |
| Aug-00 | 247,560 | 72,640 | 68,020 |
| Sept-00 | 250,780 | 74,766 | 70,959 |
| Oct-00 | 233,376 | 73,271 | 83,131 |
| Nov-00 | 219,110 | 74,050 | 96,730 |
| Dec-00 | 198,790 | 84,400 | 100,680 |
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
|---|---|---|---|
| Jan-99 | 153,240 | 59,600 | 36,880 |
| Feb-99 | 151,530 | 57,910 | 38,850 |
| Mar-99 | 156,440 | 59,435 | 40,120 |
| Apr-99 | 172,880 | 60,870 | 41,200 |
| May-99 | 177,984 | 61,665 | 41,250 |
| Jun-99 | 176,930 | 64,100 | 42,865 |
| Jul-99 | 178,360 | 60,000 | 44,330 |
| Aug-99 | 176,390 | 62,600 | 44,230 |
| Sep-99 | 179,316 | 62,810 | 47,125 |
| Oct-99 | 182,272 | 61,085 | 51,040 |
| Nov-99 | 206,280 | 68,200 | 49,480 |
| Dec-99 | 228,530 | 79,070 | 55,130 |
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
|---|---|---|---|
| Jan-98 | 127,790 | 48,620 | 29,480 |
| Feb-98 | 135,590 | 48,640 | 27,450 |
| Mar-98 | 140,340 | 51,340 | 27,430 |
| Apr-98 | 140,240 | 51,050 | 28,160 |
| May-98 | 143,600 | 47,770 | 26,200 |
| Jun-98 | 147,700 | 51,205 | 29,840 |
| Jul-98 | 154,370 | 53,780 | 31,820 |
| Aug-98 | 147,800 | 53,850 | 38,460 |
| Sep-98 | 137,540 | 54,240 | 41,970 |
| Oct-98 | 130,160 | 54,610 | 43,500 |
| Nov-98 | 139,710 | 56,170 | 40,620 |
| Dec-98 | 140,980 | 62,450 | 40,250 |
| Month/Year | Debit Balances in Margin Accounts | Free Credit Balances in Cash Accounts |
Free Credit Balances in Margin Accounts |
|---|---|---|---|
| Jan-97 | 99,460 | 41,280 | 22,870 |
| Feb-97 | 100,000 | 40,090 | 22,200 |
| Mar-97 | 100,160 | 41,050 | 22,930 |
| Apr-97 | 98,870 | 37,560 | 22,700 |
| May-97 | 106,010 | 39,400 | 22,050 |
| Jun-97 | 113,440 | 41,840 | 23,860 |
| Jul-97 | 116,190 | 43,985 | 24,290 |
| Aug-97 | 119,810 | 42,960 | 23,375 |
| Sep-97 | 126,050 | 43,770 | 23,630 |
| Oct-97 | 128,190 | 47,465 | 26,950 |
| Nov-97 | 127,330 | 45,470 | 26,735 |
| Dec-97 | 126,090 | 52,160 | 31,410 |
FINRA and NYSE Combined Statistics (shown in $ millions)
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-10 | 266,455 | 281,035 |
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-09 | 205,007 | 316,763 |
| Feb-09 | 199,655 | 310,503 |
| Mar-09 | 203,967 | 291,927 |
| Apr-09 | 208,010 | 285,658 |
| May-09 | 214,401 | 275,313 |
| Jun-09 | 217,140 | 283,874 |
| Jul-09 | 228,734 | 277,082 |
| Aug-09 | 236,251 | 281,989 |
| Sep-09 | 254,107 | 287,196 |
| Oct-09 | 265,404 | 299,858 |
| Nov-09 | 250,988 | 284,071 |
| Dec-09 | 262,399 | 281,043 |
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-08 | 365,592 | 474,496 |
| Feb-08 | 377,088 | 454,785 |
| Mar-08 | 349,419 | 488,831 |
| Apr-08 | 332,303 | 472,371 |
| May-08 | 341,610 | 470,188 |
| Jun-08 | 346,892 | 499,634 |
| Jul-08 | 343,297 | 519,226 |
| Aug-08 | 324,814 | 530,042 |
| Sep-08 | 345,745 | 381,702 |
| Oct-08 | 277,568 | 383,429 |
| Nov-08 | 227,334 | 364,232 |
| Dec-08 | 210,185 | 345,713 |
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-07 | 311,506 | 292,521 |
| Feb-07 | 321,171 | 300,072 |
| Mar-07 | 317,737 | 305,479 |
| Apr-07 | 342,084 | 314,744 |
| May-07 | 382,312 | 334,359 |
| Jun-07 | 408,444 | 347,617 |
| Jul-07 | 416,403 | 380,971 |
| Aug-07 | 362,475 | 381,550 |
| Sep-07 | 359,104 | 377,364 |
| Oct-07 | 376,979 | 392,543 |
| Nov-07 | 379,593 | 426,721 |
| Dec-07 | 355,292 | 456,353 |
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-06 | 255,795 | 255,819 |
| Feb-06 | 249,609 | 257,573 |
| Mar-06 | 259,370 | 258,928 |
| Apr-06 | 265,164 | 259,342 |
| May-06 | 255,608 | 264,307 |
| Jun-06 | 251,495 | 280,275 |
| Jul-06 | 256,016 | 269,376 |
| Aug-06 | 249,368 | 269,423 |
| Sep-06 | 261,769 | 268,612 |
| Oct-06 | 267,710 | 267,462 |
| Nov-06 | 294,899 | 290,910 |
| Dec-06 | 303,288 | 299,023 |
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-05 | 220,122 | 230,624 |
| Feb-05 | 223,155 | 224,392 |
| Mar-05 | 226,876 | 234,533 |
| Apr-05 | 217,447 | 223,839 |
| May-05 | 219,404 | 224,933 |
| Jun-05 | 224,153 | 234,352 |
| Jul-05 | 233,585 | 224,242 |
| Aug-05 | 231,400 | 225,410 |
| Sep-05 | 244,669 | 238,929 |
| Oct-05 | 239,868 | 243,174 |
| Nov-05 | 242,904 | 241,695 |
| Dec-05 | 244,098 | 263,205 |
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-04 | 189,429 | 198,628 |
| Feb-04 | 190,448 | 200,323 |
| Mar-04 | 191,451 | 203,953 |
| Apr-04 | 198,778 | 217,992 |
| May-04 | 193,843 | 219,640 |
| Jun-04 | 193,993 | 220,781 |
| Jul-04 | 187,844 | 220,196 |
| Aug-04 | 187,828 | 217,945 |
| Sep-04 | 193,668 | 220,860 |
| Oct-04 | 197,999 | 218,090 |
| Nov-04 | 211,012 | 223,928 |
| Dec-04 | 217,573 | 238,192 |
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-03 | 141,391 | 179,528 |
| Feb-03 | 140,516 | 179,925 |
| Mar-03 | 144,267 | 176,955 |
| Apr-03 | 143,237 | 168,756 |
| May-03 | 153,725 | 178,946 |
| Jun-03 | 168,281 | 190,026 |
| Jul-03 | 174,427 | 199,973 |
| Aug-03 | 167,200 | 188,112 |
| Sep-03 | 171,194 | 189,826 |
| Oct-03 | 175,428 | 191,554 |
| Nov-03 | 182,587 | 184,899 |
| Dec-03 | 181,459 | 199,297 |
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-02 | 160,906 | 189,841 |
| Feb-02 | 154,931 | 186,919 |
| Mar-02 | 160,089 | 180,578 |
| Apr-02 | 159,072 | 175,730 |
| May-02 | 157,802 | 173,395 |
| Jun-02 | 153,972 | 178,744 |
| Jul-02 | 143,905 | 183,326 |
| Aug-02 | 139,146 | 174,995 |
| Sep-02 | 136,107 | 180,997 |
| Oct-02 | 138,647 | 181,069 |
| Nov-02 | 139,472 | 176,062 |
| Dec-02 | 139,451 | 184,715 |
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-01 | 208,687 | 187,225 |
| Feb-01 | 198,887 | 193,266 |
| Mar-01 | 174,797 | 198,581 |
| Apr-01 | 176,096 | 191,145 |
| May-01 | 183,041 | 183,493 |
| Jun-01 | 179,585 | 187,602 |
| Jul-01 | 173,680 | 185,100 |
| Aug-01 | 169,316 | 191,219 |
| Sept-01 | 157,931 | 211,281 |
| Oct-01 | 152,367 | 187,012 |
| Nov-01 | 159,440 | 188,441 |
| Dec-01 | 160,473 | 197,424 |
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-00 | 260,409 | 148,567 |
| Feb-00 | 284,206 | 153,540 |
| Mar-00 | 299,933 | 168,002 |
| Apr-00 | 268,716 | 156,868 |
| May-00 | 256,862 | 153,843 |
| Jun-00 | 264,471 | 153,050 |
| Jul-00 | 263,729 | 163,050 |
| Aug-00 | 265,166 | 156,775 |
| Sept-00 | 270,208 | 160,964 |
| Oct-00 | 250,965 | 172,738 |
| Nov-00 | 237,913 | 186,459 |
| Dec-00 | 210,385 | 198,179 |
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-99 | 162,322 | 107,200 |
| Feb-99 | 162,909 | 109,523 |
| Mar-99 | 166,212 | 109,941 |
| Apr-99 | 184,329 | 112,290 |
| May-99 | 189,950 | 114,271 |
| Jun-99 | 187,695 | 116,982 |
| Jul-99 | 189,503 | 115,017 |
| Aug-99 | 187,616 | 117,149 |
| Sep-99 | 189,741 | 121,207 |
| Oct-99 | 194,259 | 123,457 |
| Nov-99 | 218,304 | 131,786 |
| Dec-99 | 241,967 | 146,582 |
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-98 | 132,912 | 83,362 |
| Feb-98 | 141,328 | 81,932 |
| Mar-98 | 146,536 | 85,580 |
| Apr-98 | 146,589 | 85,771 |
| May-98 | 150,293 | 80,174 |
| Jun-98 | 154,357 | 87,891 |
| Jul-98 | 160,980 | 92,687 |
| Aug-98 | 155,879 | 100,093 |
| Sep-98 | 144,541 | 103,879 |
| Oct-98 | 138,399 | 108,179 |
| Nov-98 | 148,697 | 108,032 |
| Dec-98 | 148,674 | 111,507 |
| Month/Year | Debit Balances* | Credit Balances** |
|---|---|---|
| Jan-97 | 103,337 | 68,856 |
| Feb-97 | 103,886 | 67,058 |
| Mar-97 | 104,835 | 69,553 |
| Apr-97 | 102,842 | 64,825 |
| May-97 | 111,097 | 66,879 |
| Jun-97 | 118,843 | 72,422 |
| Jul-97 | 121,090 | 73,714 |
| Aug-97 | 124,404 | 71,211 |
| Sep-97 | 131,962 | 73,087 |
| Oct-97 | 134,491 | 80,287 |
| Nov-97 | 132,741 | 77,259 |
| Dec-97 | 131,560 | 88,590 |
* Debit Balances are derived by adding NYSE Debit Balances in Margin Accounts to FINRA Debit Balances in Customers' Cash and Margin Accounts.
** Credit Balances are derived by adding NYSE Free Credit Balances in Cash and Margin Accounts to FINRA Free and Other Credit Balances in Customers' Securities Accounts.
For more information or questions about this page, please send an email to the Credit Regulation Department.
Last Updated: 1/18/19