The latest data from the Investment Dealers Association shows client margin debt ticking up in October.
The IDA reports that outstanding debt in client margin accounts reached $7.25 billion at the end of October, up a little from $7.07 billion at the start of the month. This total is the highest reported by the IDA since September 2002.
Throughout most of this year, clients have kept their borrowing below the $7 billion mark.
However, this is still far below the all-time high, which was just under $12 billion back in September 2000.