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PRINCIPAL TRANSACTIONS (Tables)
6 Months Ended
Jun. 30, 2022
Principal Transactions Revenue, Net [Abstract]  
Principal transactions revenue The following table presents Principal transactions revenue:
Three Months Ended June 30,Six Months Ended June 30,
In millions of dollars2022202120222021
Interest rate risks(1)
$1,450 $530 $2,920 $1,964 
Foreign exchange risks(2)
1,639 965 3,187 1,927 
Equity risks(3)
345 358 1,276 1,203 
Commodity and other risks(4)
612 393 1,063 593 
Credit products and risks(5)
479 58 669 530 
Total$4,525 $2,304 $9,115 $6,217 

(1)    Includes revenues from government securities and corporate debt, municipal securities, mortgage securities and other debt instruments. Also includes spot and forward trading of currencies and exchange-traded and over-the-counter (OTC) currency options, options on fixed income securities, interest rate swaps, currency swaps, swap options, caps and floors, financial futures, OTC options and forward contracts on fixed income securities.
(2)    Includes revenues from foreign exchange spot, forward, option and swap contracts, as well as foreign currency translation (FX translation) gains and losses.
(3)    Includes revenues from common, preferred and convertible preferred stock, convertible corporate debt, equity-linked notes and exchange-traded and OTC equity options and warrants.
(4)    Primarily includes revenues from crude oil, refined oil products, natural gas and other commodities trades.
(5)    Includes revenues from structured credit products.