v3.26.1
PRINCIPAL TRANSACTIONS (Tables)
 6 Months Ended
Jun. 30, 2026
Principal Transactions Revenue, Net [Abstract]  
Principal transactions revenue
Three Months Ended June 30,Six Months Ended June 30,
In millions of dollars2026202520262025
Interest rate risks(1)
$(137)$570 $343 $1,117 
Foreign exchange risks(2)
1,795 1,518 3,613 3,054 
Equity risks(3)
795 303 2,028 1,189 
Commodity and other risks(4)
274 272 822 631 
Credit products and risks(5)
(246)(160)(317)22 
Total$2,481 $2,503 $6,489 $6,013 

(1)    Includes revenues from government securities, 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 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 energy products, metals and other commodities trades.
(5)    Includes revenues from corporate debt, secondary trading loans, mortgage securities, single name and index credit default swaps, and structured credit products.