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PRINCIPAL TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2013
PRINCIPAL TRANSACTIONS  
Principal transactions revenue

 

 

In millions of dollars

 

2013

 

2012

 

2011

 

Global Consumer Banking

 

$

863

 

$

812

 

$

716

 

Institutional Clients Group

 

6,310

 

4,130

 

4,873

 

Corporate/Other

 

(76

)

(192

)

45

 

Subtotal Citicorp

 

$

7,097

 

$

4,750

 

$

5,634

 

Citi Holdings

 

24

 

31

 

1,600

 

Total Citigroup

 

$

7,121

 

$

4,781

 

$

7,234

 

Interest rate contracts(1)

 

$

3,978

 

$

2,301

 

$

5,136

 

Foreign exchange contracts(2)

 

2,224

 

2,403

 

2,309

 

Equity contracts(3)

 

319

 

158

 

3

 

Commodity and other contracts(4)

 

267

 

92

 

76

 

Credit derivatives(5)

 

333

 

(173

)

(290

)

Total

 

$

7,121

 

$

4,781

 

$

7,234

 

 


(1)         Includes revenues from government securities and corporate debt, municipal securities, preferred stock, 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 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.