Nasdaq, Inc. Default funds and margin deposits decreased by 61.4% to $2.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 60.4%, from $5.69B to $2.25B. Over 5 years (FY 2020 to FY 2025), Default funds and margin deposits shows an upward trend with a 8.2% CAGR.
Increases reflect higher market volatility or increased participation in clearing services.
These are funds held by the exchange or clearinghouse as collateral from market participants to mitigate counterparty ri...
Specific to clearinghouses and exchanges; highly dependent on market risk appetite and trading volume.
current_liabilities_default_funds_and_margin_deposits_li_ca4b5d| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.58B | $4.20B | $5.91B | $6.57B | $8.69B | $9.51B | $7.02B | $7.06B | $7.13B | $5.94B | $7.28B | $5.60B | $5.55B | $5.87B | $5.66B | $5.69B | $5.22B | $5.75B | $5.84B | $2.25B |
| QoQ Change | — | +17.4% | +40.7% | +11.1% | +32.2% | +9.4% | -26.1% | +0.5% | +1.1% | -16.8% | +22.6% | -23.1% | -0.9% | +5.8% | -3.4% | +0.4% | -8.2% | +10.2% | +1.6% | -61.4% |
| YoY Change | — | — | — | — | +142.7% | +126.2% | +18.8% | +7.4% | -17.9% | -37.6% | +3.6% | -20.7% | -22.3% | -1.2% | -22.1% | +1.6% | -5.9% | -2.0% | +3.1% | -60.4% |