F.129 Security Brokers and Dealers            
 Billions of dollars; quarterly figures are seasonally adjusted annual rates            
 stock price direction  DOWN DOWN DOWN UP UP UP DOWN UP UP UP DOWN
 bond price direction UP UP UP UP DOWN DOWN UP DOWN DOWN DOWN DOWN
2001 2002 2003 2004 2005 2005 2006
Q1 Q2 Q3 Q4 Q1 Q2
1 Gross saving 4.5 12.6 14.9 20.0 23.3 29.6 9.8 28.5 25.5 24.7 27.1 1
2 Fixed nonresidential investment 15.6 10.9 10.5 12.4 13.2 13.1 13.2 13.3 13.3 13.8 13.9 2
3 Net acquisition of financial assets 244.3 -130.2 277.6 231.9 299.3 461.9 536.1 228.3 -29.3 695.2 551.7 3
4 Checkable deposits and currency 16.8 -2.9 2.9 15.7 -7.3 -8.2 -7.5 -4.9 -8.8 27.4 45.2 4
5 Credit market instruments 92.4 28.4 79.6 -29.2 91.1 75.7 230.6 -215.3 273.3 -51.3 94.7 5
6 Open market paper 9.0 -4.7 5.9 -1.3 7.6 9.5 48.3 5.3 -32.7 44.3 -18.7 6
7 Treasury securities 13.1 -13.7 41.7 -82.4 -6.5 -34.1 -7.6 -174.2 189.7 -211.4 -43.1 7
8 Agency- and GSE-backed securities 14.1 14.1 -8.1 23.5 -6.3 3.6 111.0 -71.4 -68.3 113.5 102.7 8
9 Municipal securities 7.7 2.0 3.8 7.1 11.0 17.5 -15.7 11.5 30.7 -29.7 9.4 9
10 Corporate and foreign bonds 48.6 30.7 36.4 23.9 85.2 79.0 94.6 13.5 153.8 32.0 44.4 10
11 Corporate equities 17.3 3.2 4.1 15.2 11.8 27.9 -17.6 -23.1 59.9 31.4 -34.3 11
12 Security credit -38.8 -48.2 34.3 81.5 -31.7 8.2 -10.2 -22.0 -102.8 68.6 -23.1 12
13 Miscellaneous assets 156.6 -110.8 156.6 148.6 235.5 358.3 340.8 493.7 -250.9 619.1 469.2 13
14 Net increase in liabilities 239.4 -118.7 257.6 232.5 292.8 476.4 516.6 219.8 -41.4 667.4 550.1 14
15 Security RPs (net) 51.0 -9.0 133.7 49.3 208.9 428.0 215.6 97.4 94.6 378.9 69.0 15
16 Corporate bonds 1.4 -1.7 6.4 15.2 0.1 11.2 -5.2 28.0 -33.4 35.1 4.7 16
17 Corporate equity issues 6.7 10.2 -8.0 2.6 2.5 23.2 -13.2 7.9 -7.7 11.8 1.1 17
18 Trade payables 3.3 -1.8 -9.2 7.8 7.0 -4.3 0.3 40.7 -8.9 -28.4 51.9 18
19 Security credit 41.9 -38.9 98.2 85.1 24.0 -4.5 83.4 42.8 -25.6 175.5 178.4 19
20 Customer credit balances (HH) 41.9 -41.6 62.7 103.0 -10.9 -35.8 55.2 -19.2 -43.7 124.5 152.5 20
21 From banks 0.0 2.8 35.5 -17.9 34.9 31.3 28.2 62.0 18.1 51.0 25.9 21
22 Taxes payable -0.2 -0.5 0.4 0.4 -0.3 1.7 -5.4 2.2 0.6 2.5 0.9 22
23 Miscellaneous liabilities 138.5 -77.6 40.7 75.4 53.4 18.2 242.1 5.8 -52.5 88.8 252.7 23
24 Foreign direct investment in U.S. -1.3 1.7 4.8 7.6 -0.7 -6.4 -1.9 -1.4 6.9 -2.3 2.3 24
25 Due to affiliates 108.2 50.2 54.2 112.7 124.4 90.5 219.8 304.0 -116.6 18.7 156.5 25
26 Other 31.6 -129.5 -18.3 -45.0 -70.3 -65.9 24.2 -296.7 57.2 72.4 93.9 26
27 Proprietors' net investment -3.3 0.6 -4.5 -3.3 -2.8 3.0 -0.9 -5.0 -8.3 3.1 -8.6 27
28 Discrepancy -16.0 13.2 -15.6 8.3 3.7 31.0 -22.9 6.7 0.1 -17.0 11.6 28