BROKERAGE RECEIVABLES AND BROKERAGE PAYABLES

9 Months Ended

Sep. 30, 2021

Brokers and Dealers [Abstract]

BROKERAGE RECEIVABLES AND BROKERAGE PAYABLES

BROKERAGE RECEIVABLES AND BROKERAGE PAYABLES

The Company has receivables and payables for financial instruments sold to and purchased from brokers, dealers and customers, which arise in the ordinary course of business.

For additional information on these receivables and payables, see Note 12 to the Consolidated Financial Statements in Citi’s 2020 Annual Report on Form 10-K.

Brokerage receivables and Brokerage payables consisted of the following:

In millions of dollars	September 30, 2021		December 31, 2020
Receivables from customers	$	21,833	$	18,097
Receivables from brokers, dealers and clearing organizations	37,654		26,709
Total brokerage receivables(1)	$	59,487	$	44,806
Payables to customers	$	48,300	$	39,319
Payables to brokers, dealers and clearing organizations	12,201		11,165
Total brokerage payables(1)	$	60,501	$	50,484

(1)     Includes brokerage receivables and payables recorded by Citi broker-dealer entities that are accounted for in accordance with the AICPA Accounting Guide for Brokers and Dealers in Securities as codified in ASC 940-320.