Home > Investor Information > FCM Financial Information

FCM Financial Information

Futures Commission Merchants (FCMs) are required to file regular reports with NFA that disclose specific financial information about the firm. NFA's BASIC system provides summary reports of this information designed to provide greater transparency for investors.

The FCM Financial Information reports can be accessed by conducting a search for a specific FCM in BASIC. Users can then click on "View Financial Information" on the firm's BASIC Details page.

FCM Financial Information

The link will take the user to the "NFA Financial Data Reporting" screen which will include links to the:

  • FCM Capital Report (updated monthly),

  • FCM Customer Segregated Funds Report (updated semi-monthly),

  • FCM Customer Secured Amount Funds Report (updated semi-monthly), and

  • FCM Cleared Swaps Customer Collateral Report (updated semi-monthly).

These reports show the most recent monthly or semi-monthly financial data. Users also have the option of viewing historical information from the previous 12 months by clicking on the "View More" link in the reports. The financial reports definitions page includes definition for terms used in the reports.

FCM Capital Report

This report displays:

  • adjusted net capital, required net capital and excess net capital.

FCM Capital Report

FCM Customer Segregated Funds Report

This report displays:

  • total amount in segregation, amount required to be segregated, and excess segregated funds, i.e., the FCM's residual interest;

  • percentage of funds in segregated accounts, including customer owned securities, held at banks, derivatives clearing organizations (DCOs) and other FCMs;

  • percentage of customer segregated funds in each of the permitted investments under CFTC Regulation 1.25, including percentage of customer segregated funds held pursuant to an agreement to resell; and

  • whether any depository used by the FCM to hold customer segregated funds during the month is an affiliate of the FCM.


FCM Customer Segregated Funds Report

FCM Customer Secured Amount Funds Report

This report displays:

  • total funds in separate secured amount (Section 30.7) accounts, amount to be set aside as the secured amount (Section 30.7), and excess funds to be set aside for the secured amount (Section 30.7), i.e., the FCM's residual interest;

  • percentage of customer secured amount (Section 30.7) funds, including customer owned securities, held at banks, clearing organizations and other carrying brokers;

  • percentage of customer secured amount (Section 30.7) funds in each of the permitted investments under CFTC Regulation 1.25, including the percentage of customer secured amount (Section 30.7) funds held pursuant to an agreement to resell; and

  • whether any depository used by the FCM to hold customer secured amount (Section 30.7) funds during the month is an affiliate of the FCM.


FCM Customer Secured Amount Funds Report

FCM Cleared Swaps Customer Collateral Report

This report displays:

  • total amount in cleared swaps customer segregation, amount required to be segregated for cleared swaps customers, and excess funds in segregation, i.e., the FCM's residual interest;

  • percentage of cleared swaps customer collateral, including customer owned securities, held at banks, DCOs and other FCMs;

  • percentage of cleared swaps customer collateral in each of the permitted investments under CFTC Regulation 1.25, including the percentage of cleared swaps customer collateral held pursuant to an agreement to resell; and

  • whether any depository used by the FCM to hold cleared swaps customer collateral during the month is an affiliate of the FCM.


FCM Cleared Swaps Customer Collateral Report

For those FCMs that do not hold customer segregated, customer secured amounts funds or cleared swaps customer collateral, data will appear only for the FCM's Capital Report. The BASIC display will indicate that the FCM does not hold customer funds and therefore, there is no information on the FCM Customer Segregated Funds Report, FCM Customer Secured Amount Funds Report and the FCM Cleared Swaps Customer Collateral Report.

If you have any questions regarding the information provided, please contact NFA's Information Center via email (information@nfa.futures.org) or by phone (800-621-3570 or 312-781-1410).

Check Broker / Firm Information (BASIC)

You can check the registration status and disciplinary history of any futures firm or individual.

Begin Search

File a Complaint

You can file a complaint online. Be sure to include as much information as you can.

File a Complaint

Subscribe to Receive Free Investor Newsletter

Subscribe to receive NFA communications such as Notices to Members, press releases and Web updates via email.

 
NFA is the premier independent provider of efficient and innovative regulatory programs that safeguard the integrity of the derivatives markets.
Site Index | Contact NFA | News Center | FAQs | Career Opportunities | Industry Links | Home
© National Futures Association All Rights Reserved. | Disclaimer and Privacy Policy