FAS Annual Conference

September 11, 2015

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

150

160

170

180

190

200

210

20

07

20

08

20

09

20

10

20

11

20

12

20

13

20

14

Jun

20

15

Nu

mb

er

of

Firm

s

Number of Dealer Members by Peer Group

All DMs Retail Institutional (incl. ATSs) Integrated

$0

$8,000

$16,000

$24,000

$32,000

$40,000

0

25

50

75

100

125

150

175

200

Jan

-14

Feb

-14

Mar

-14

Ap

r-1

4

May

-14

Jun

-14

Jul-

14

Au

g-1

4

Sep

-14

Oct

-14

No

v-1

4

Dec

-14

Jan

-15

Feb

-15

Mar

-15

Ap

r-1

5

May

-15

Jun

-15

$ A

mo

un

t o

f Lo

sse

s [0

00

's]

Nu

mb

er

of

Firm

s

Number of Dealer Members Reporting a Monthly Loss

All DMs Number of DMs incurring a loss during the month Total $ Amount of losses for the month [000s]

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

18.00

De

c-0

3M

ar-0

4Ju

n-0

4Se

p-0

4D

ec-

04

Mar

-05

Jun

-05

Sep

-05

De

c-0

5M

ar-0

6Ju

n-0

6Se

p-0

6D

ec-

06

Mar

-07

Jun

-07

Sep

-07

De

c-0

7M

ar-0

8Ju

n-0

8Se

p-0

8D

ec-

08

Mar

-09

Jun

-09

Sep

-09

De

c-0

9M

ar-1

0Ju

n-1

0Se

p-1

0D

ec-

10

Mar

-11

Jun

-11

Sep

-11

De

c-1

1M

ar-1

2Ju

n-1

2Se

p-1

2D

ec-

12

Mar

-13

Jun

-13

Sep

-13

De

c-1

3M

ar-1

4Ju

n-1

4Se

p-1

4D

ec-

14

Mar

-15

Jun

-15

Leve

rage

Rat

io

Date

Weighted Average Balance Sheet Leverage Ratios December 2003 to June 2015

((Total Assets-RRSP-Free Credit Seg.) / (Capital + Subloans))