(February 16 – 10:45 ET) – According to the latest Investment Dealers Association statistics, investors scaled back their borrowing a little in December. That’s a reversal from November’s climb.
Outstanding debt in client margin accounts sits at $10.7 billion, says the IDA. That’s down from almost $11.3 billion in November.
Borrowing peaked in September at $11.9 billion, sliding along with the market in October, but ticking back up in November.
-IE Staff