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Commingled Securities

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Commingled Securities
Securities owned by a customer and held by a brokerage that are kept together with securities owned by the brokerage itself. This especially refers to margin securities kept as collateral. Commingled securities are legal with the permission of the customer. See also: Hypothecation.

commingled securities
Customers' securities that are stored together with a brokerage firm's securities.


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Fitch's ratings actions follow NTRS' disclosure that it will incur a $275 million after-tax charge to support cash investment and commingled securities lending collateral funds.
 
 
 
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