BROKERAGE RECEIVABLES AND BROKERAGE PAYABLES

9 Months Ended

Sep. 30, 2024

Broker-Dealer [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 13 to the Consolidated Financial Statements in Citi’s 2023 Form 10-K.

Brokerage receivables and Brokerage payables consisted of the following:

In millions of dollars	September 30, 2024		December 31, 2023
Receivables from customers	$	19,657	$	15,986
Receivables from brokers, dealers and clearing organizations	43,996		37,929
Total brokerage receivables(1)	$	63,653	$	53,915
Payables to customers	$	57,731	$	49,206
Payables to brokers, dealers and clearing organizations	23,455		14,333
Total brokerage payables(1)	$	81,186	$	63,539

(1)     Includes brokerage receivables and payables recorded by Citi’s 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.