January 28, 2025 (NO COMMENTS)

In 2024, the landscape of futures commission merchants (FCMs) experienced notable shifts, with some firms achieving substantial growth in margin requirements for futures and options (F&O), while others faced significant declines, analysis by Risk Quantum shows.

While JP Morgan and Goldman Sachs remained firmly anchored to their respective first and second places by this metric, Morgan Stanley overtook Bank of America to end the year in the third spot with $29.5 billion in required margin – just