Central Clearing Counterparties in the Financial Accounts of the United States, Accessible Data

Figure 1. Central Clearing Counterparty Financial Assets

"Figure 1: Central Clearing Counterparty Financial Assets is a stacked area chart showing total financial assets from 2000:Q1 to 2023:Q4 decomposed into Fed Deposits shown in the blue shading at the bottom, Treasuries shown in the green shading on top of the blue, and other shown in the grey shading at the top. Gray shaded vertical areas with dashed borders indicate recession periods as dated by the National Bureau of Economic Research: March 2001-November 2001, December 2007-June 2009, and February 2020-April 2020. Total financial assets trend slowly upward from $9.7 billion in 2000:Q1 to $38.4 billion in 2008:Q3, jump in 2008:Q4 to $70.3 billion, and subsequently decline mildly through 2012:Q4 before resuming a steady increase to $121.3 billion in 2019:Q4. Total assets jump sharply to $227.2 billion in 2020:Q1 and then dip a bit before resuming a steady increase through the 2022:Q1 peak of $301.2 billion. Total assets declined steadily to $236.6 billion in 2023:Q4. Treasuries shown in green make up the largest share of the total through 2017:Q1. Fed deposits shown in blue grow for a few quarters then jump in 2017:Q1 to 60.7 percent of the total. Shares of assets remain relatively stable after 2017:Q1."

Notes: Key identifies series in order from bottom to top. Other includes other checkable deposits and currency, money market fund shares, security repurchase agreements, and miscellaneous assets. Gray shaded vertical areas with dashed borders indicate recession periods as dated by the National Bureau of Economic Research: March 2001-November 2001, December 2007-June 2009, and February 2020-April 2020.

Source: Financial Accounts of the United States, June 7, 2024.

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Last Update: July 12, 2024