Key facts
- UBS's clearing arm reported $1.9 billion in customer funds for swaps clearing at the end of August.
- This represents a 76.7% increase from the previous month.
- The majority of the rise occurred in the latter half of August.
- Customer funds at UBS Securities increased by $690 million, or 54.4%, during the second half of August.
- The end-August figure is the highest since June 2023.
UBS's clearing arm reported a significant increase in customer funds for swaps clearing, reaching $1.9 billion at the end of August. This represents a 76.7% surge from the previous month. The bulk of this growth was concentrated in the latter half of August, during which customer funds at UBS Securities, the bank's futures commission merchant (FCM), rose by $690 million, or 54.4%. The end-August figure marks the highest level recorded since June 2023, shortly after the Credit Suisse takeover.