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Margin Debt and Stock Loan
> Securities market credit ($ in mils.) > 2010 - current
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Securities market credit ($ in mils.), 2013
End of month
Margin debt
Free credit cash accounts
Credit balances in margin accounts
January
$364,107
$116,663
$170,229
February
$366,139
$116,742
$179,132
March
$379,522
$118,899
$168,404
April
$384,370
$115,732
$162,753
May
June
July
August
September
October
November
December
Securities market credit ($ in mils.), 2012
End of month
Margin debt
Free credit cash accounts
Credit balances in margin accounts
January
$276,450
$110,106
$141,673
February
$289,429
$113,062
$143,802
March
$295,927
$114,455
$148,425
April
$298,503
$111,907
$148,639
May
$279,170
$113,660
$155,874
June
$284,626
$114,286
$161,753
July
$277,698
$99,291
$163,912
August
$286,615
$99,602
$165,074
September
$315,112
$105,099
$176,662
October
$317,510
$101,105
$172,422
November
$326,990
$109,163
$173,504
December
$330,356
$130,488
$180,684
Securities market credit ($ in mils.), 2011
End of month
Margin debt
Free credit cash accounts
Credit balances in margin accounts
January
$289,553
$104,561
$139,055
February
$310,271
$109,090
$144,113
March
$315,695
$106,062
$134,415
April
$320,706
$107,125
$139,299
May
$315,378
$107,899
$140,091
June
$305,888
$112,730
$147,095
July
$305,874
$112,654
$147,289
August
$271,952
$109,841
$157,490
September
$262,076
$115,984
$169,130
October
$283,243
$107,216
$152,928
November
$269,123
$106,948
$154,588
December
$267,015
$115,200
$154,803
Securities market credit ($ in mils.), 2010
End of month
Margin debt
Free credit cash accounts
Credit balances in margin accounts
January
$233,683
$88,668
$134,677
February
$233,736
$85,687
$132,656
March
$246,407
$87,722
$128,365
April
$261,859
$90,372
$127,139
May
$236,149
$92,670
$133,880
June
$231,057
$92,669
$140,625
July
$235,848
$84,920
$139,544
August
$235,748
$86,183
$143,069
September
$256,375
$91,562
$140,731
October
$269,591
$92,480
$142,627
November
$274,008
$96,550
$143,362
December
$276,558
$99,539
$148,031
FRB Initial margin requirements - percent of total value required to purchase stock
Quality of security credit distribution of margin debt by equity status (1980-1982), 1982