The latest data from the Investment Dealers Association shows that client margin borrowing continues to decrease.

Outstanding debt in client margin accounts slid to less than $7.8 billion at the end of June, down from $8.15 billion at the end of May, according to the latest data from the IDA.

This slide continues a trend that has been under way all year. Margin debt at the end of the year was almost $10.5 billion. June’s reading is also the lowest level for client borrowing since October 2001 when, in the wake of the September market slump, margin debt fell to $7.6 billion.

Borrowing peaked in September 2000, when clients had almost $11.9 billion on margin.