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Barclays and Citigroup saw the biggest rises in their US futures brokerage books in February, while UBS and Credit Suisse saw significant drops in their client business, according to the latest data from the US Commodity Futures Trading Commission.
The futures commission merchant (FCM) arm of Barclays saw the strongest rise in client assets in February, with a 10% increase in customer assets to $6.4 billion, bringing the ninth largest US FCM close to Credit Suisse, which fell 5% in the same period.
Citigroup saw a 6% rise in client...