Fedwire® Securities Service – Quarterly Statistics
Last updated on July 25, 2023
| Quarter | Transfers originated1 (number) |
Quarterly volume growth (percent) |
Value of transfers originated ($millions) |
Quarterly value growth (percent) |
Average value per transfer ($millions) |
Average daily volume of transfers2 (number) |
Average daily value of transfers2 ($millions) |
Securities held in custody at quarter end3 ($millions) |
|---|---|---|---|---|---|---|---|---|
| 2023:Q2 | 6,293,096 | 1.3 | 109,076,373 | 12.1 | 17.33 | 99,890 | 1,731,371 | 107,141,589 |
| 2023:Q1 | 6,213,620 | 10.7 | 97,327,236 | 13.1 | 15.66 | 100,220 | 1,569,794 | 106,777,458 |
| 2022:Q4 | 5,612,418 | 2.4 | 86,085,772 | (1.3) | 15.34 | 92,007 | 1,411,242 | 105,965,636 |
| 2022:Q3 | 5,481,321 | 3.2 | 87,175,922 | 1.4 | 15.90 | 85,646 | 1,362,124 | 105,302,337 |
| 2022:Q2 | 5,313,329 | 2.3 | 85,977,539 | 4.1 | 16.18 | 84,339 | 1,364,723 | 104,491,070 |
| 2022:Q1 | 5,193,156 | 9.0 | 82,567,500 | 3.8 | 15.90 | 83,761 | 1,331,734 | 103,805,664 |
| 2021:Q4 | 4,765,993 | 5.5 | 79,546,935 | 5.4 | 16.69 | 75,651 | 1,262,650 | 102,244,759 |
| 2021:Q3 | 4,515,630 | (5.6) | 75,480,685 | (0.3) | 16.72 | 70,557 | 1,179,386 | 100,793,042 |
| 2021:Q2 | 4,784,035 | (6.6) | 75,720,922 | (5.4) | 15.83 | 74,751 | 1,183,139 | 99,846,614 |
| 2021:Q1 | 5,124,864 | 9.0 | 80,078,163 | (2.8) | 15.63 | 84,014 | 1,312,757 | 98,503,484 |
| 2020:Q4 | 4,703,307 | 1.1 | 82,388,416 | (1.8) | 17.52 | 75,860 | 1,328,845 | 96,952,666 |
| 2020:Q3 | 4,653,157 | (17.1) | 83,893,949 | (9.0) | 18.03 | 71,587 | 1,290,676 | 95,005,727 |
| 2020:Q2 | 5,615,811 | (4.0) | 92,239,232 | (10.6) | 16.42 | 87,747 | 1,441,238 | 93,482,031 |
| 2020:Q1 | 5,852,398 | 18.3 | 103,207,335 | 14.7 | 17.64 | 94,394 | 1,664,634 | 89,644,601 |
| 2019:Q4 | 4,946,143 | (3.6) | 89,993,946 | (7.9) | 18.19 | 79,777 | 1,451,515 | 88,271,327 |
| 2019:Q3 | 5,131,803 | 8.9 | 97,671,873 | 16.5 | 19.03 | 80,184 | 1,526,123 | 87,165,793 |
| 2019:Q2 | 4,711,980 | 5.7 | 83,825,501 | 12.8 | 17.79 | 73,625 | 1,309,773 | 86,252,163 |
| 2019:Q1 | 4,457,604 | 1.2 | 74,321,927 | 10.4 | 16.67 | 73,075 | 1,218,392 | 85,769,179 |
| 2018:Q4 | 4,403,922 | 16.9 | 67,318,854 | 4.1 | 15.29 | 71,031 | 1,085,788 | 85,141,500 |
| 2018:Q3 | 3,767,024 | (16.3) | 64,653,248 | (22.7) | 17.16 | 59,794 | 1,026,242 | 83,920,285 |
| 2018:Q2 | 4,499,710 | 1.7 | 83,683,951 | 3.7 | 18.60 | 70,308 | 1,307,562 | 77,699,417 |
| 2018:Q1 | 4,423,545 | 5.5 | 80,679,156 | 4.1 | 18.24 | 71,348 | 1,301,277 | 77,333,472 |
| 2017:Q4 | 4,191,804 | 4.3 | 77,473,088 | 3.9 | 18.48 | 67,610 | 1,249,566 | 76,440,851 |
| 2017:Q3 | 4,019,075 | (1.8) | 74,584,281 | (2.3) | 18.56 | 63,795 | 1,183,877 | 75,724,197 |
| 2017:Q2 | 4,090,991 | 0.6 | 76,327,044 | 7.6 | 18.66 | 63,922 | 1,192,610 | 75,029,290 |
| 2017:Q1 | 4,066,337 | (3.8) | 70,950,306 | (2.1) | 17.45 | 65,586 | 1,144,360 | 74,502,931 |
| 2016:Q4 | 4,226,371 | 3.7 | 72,487,638 | (2.1) | 17.15 | 69,285 | 1,188,322 | 74,039,804 |
| 2016:Q3 | 4,075,428 | (2.5) | 74,036,298 | 3.1 | 18.17 | 63,679 | 1,156,817 | 73,316,654 |
| 2016:Q24 | 4,181,694 | 2.4 | 71,822,721 | 5.1 | 17.18 | 65,339 | 1,122,230 | 72,500,661 |
| 2016:Q1 | 4,081,980 | (4.9) | 68,325,032 | (8.6) | 16.74 | 65,838 | 1,102,017 | 71,186,526 |
| 2015:Q4 | 4,290,707 | (1.9) | 74,762,068 | 0.9 | 17.42 | 69,205 | 1,205,840 | 70,489,690 |
| 2015:Q3 | 4,375,705 | (2.7) | 74,065,295 | (2.7) | 16.93 | 67,319 | 1,139,466 | 66,327,074 |
| 2015:Q2 | 4,498,525 | 4.7 | 76,127,584 | 7.5 | 16.92 | 70,289 | 1,189,494 | 68,994,214 |
| 2015:Q1 | 4,298,539 | 3.1 | 70,800,665 | 2.1 | 16.47 | 70,468 | 1,160,667 | 68,398,529 |
| 2014:Q4 | 4,171,197 | (0.5) | 69,311,042 | (5.6) | 16.62 | 67,277 | 1,117,920 | 67,914,939 |
| 2014:Q3 | 4,193,492 | (3.0) | 73,445,830 | (1.0) | 17.51 | 65,523 | 1,147,591 | 67,214,272 |
| 2014:Q2 | 4,320,977 | (0.8) | 74,150,784 | 5.6 | 17.16 | 67,515 | 1,158,606 | 66,543,201 |
| 2014:Q1 | 4,354,475 | (3.8) | 70,196,549 | (0.5) | 16.12 | 71,385 | 1,150,763 | 66,223,634 |
| 2013:Q4 | 4,524,684 | (6.8) | 70,562,365 | (1.1) | 15.59 | 72,979 | 1,138,103 | 65,725,983 |
| 2013:Q3 | 4,855,561 | (3.2) | 71,328,522 | (8.5) | 14.69 | 75,868 | 1,114,508 | 65,127,862 |
| 2013:Q2 | 5,015,178 | 8.0 | 77,976,235 | 3.5 | 15.55 | 78,362 | 1,218,379 | 64,419,932 |
| 2013:Q1 | 4,641,725 | 0.9 | 75,319,048 | 5.0 | 16.23 | 76,094 | 1,234,738 | 64,115,705 |
| 2012:Q4 | 4,599,551 | 3.2 | 71,738,998 | (0.1) | 15.60 | 74,186 | 1,157,081 | 63,196,046 |
| 2012:Q3 | 4,456,833 | (2.0) | 71,825,892 | (0.1) | 16.12 | 70,743 | 1,140,094 | 62,438,054 |
| 2012:Q2 | 4,548,599 | (1.7) | 71,870,948 | 4.2 | 15.80 | 71,072 | 1,122,984 | 62,559,808 |
| 2012:Q1 | 4,626,169 | 7.4 | 68,965,832 | 7.3 | 14.91 | 74,616 | 1,112,352 | 61,026,462 |
| 2011:Q4 | 4,305,500 | (7.7) | 64,257,358 | (11.1) | 14.92 | 70,582 | 1,053,399 | 60,295,945 |
| 2011:Q3 | 4,664,535 | 2.3 | 72,292,100 | (6.0) | 15.50 | 72,883 | 1,129,564 | 59,346,337 |
| 2011:Q2 | 4,561,091 | (10.2) | 76,878,055 | (1.9) | 16.86 | 71,267 | 1,201,220 | 58,296,098 |
| 2011:Q1 | 5,081,932 | (0.2) | 78,396,480 | 2.3 | 15.43 | 81,967 | 1,264,459 | 57,554,746 |
| 2010:Q4 | 5,093,265 | 2.0 | 76,649,428 | (5.8) | 15.05 | 80,845 | 1,216,658 | 56,722,615 |
| 2010:Q3 | 4,994,538 | 1.7 | 81,336,063 | (3.7) | 16.29 | 78,040 | 1,270,876 | 55,719,663 |
| 2010:Q2 | 4,911,436 | 2.7 | 84,502,707 | 8.8 | 17.21 | 76,741 | 1,320,355 | 54,782,141 |
| 2010:Q1 | 4,780,184 | (4.5) | 77,635,703 | 1.9 | 16.24 | 78,364 | 1,272,716 | 53,599,702 |
| 2009:Q4 | 5,003,498 | (4.2) | 76,188,802 | 1.0 | 15.23 | 80,702 | 1,228,852 | 52,662,266 |
| 2009:Q3 | 5,222,671 | (4.8) | 75,442,819 | 3.4 | 14.45 | 80,349 | 1,160,659 | 51,176,863 |
| 2009:Q2 | 5,488,577 | 2.3 | 72,986,801 | 2.6 | 13.30 | 85,759 | 1,140,419 | 49,513,121 |
| 2009:Q1 | 5,366,496 | (11.3) | 71,123,244 | (12.3) | 13.25 | 87,975 | 1,165,955 | 48,277,495 |
| 2008:Q4 | 6,053,051 | (1.2) | 81,093,993 | (25.3) | 13.40 | 97,630 | 1,307,968 | 47,427,140 |
| 2008:Q3 | 6,126,997 | (3.7) | 108,626,261 | (1.8) | 17.73 | 95,734 | 1,697,285 | 46,397,718 |
| 2008:Q2 | 6,362,665 | (1.6) | 110,638,639 | (7.0) | 17.39 | 99,417 | 1,728,729 | 44,826,734 |
| 2008:Q1 | 6,465,093 | 1.8 | 118,988,363 | 3.4 | 18.40 | 104,276 | 1,919,167 | 44,141,928 |
| 2007:Q4 | 6,352,909 | (0.9) | 115,111,227 | (0.4) | 18.12 | 102,466 | 1,856,633 | 43,358,966 |
| 2007:Q3 | 6,411,479 | 7.7 | 115,625,221 | 8.7 | 18.03 | 101,770 | 1,835,321 | 42,752,862 |
| 2007:Q2 | 5,950,424 | 8.1 | 106,324,210 | 7.9 | 17.87 | 92,975 | 1,661,316 | 42,122,362 |
| 2007:Q1 | 5,502,011 | 0.7 | 98,516,847 | 5.4 | 17.91 | 88,742 | 1,588,981 | 38,571,615 |
| 2006:Q4 | 5,463,331 | (0.5) | 93,464,795 | (2.8) | 17.11 | 88,118 | 1,507,497 | 35,902,630 |
| 2006:Q3 | 5,492,217 | (3.5) | 96,107,782 | 0.1 | 17.50 | 87,178 | 1,525,520 | 37,038,547 |
| 2006:Q2 | 5,692,001 | 0.9 | 95,974,576 | 4.6 | 16.86 | 88,938 | 1,499,603 | 34,406,889 |
| 2006:Q1 | 5,641,256 | 4.8 | 91,711,439 | 7.2 | 16.26 | 90,988 | 1,479,217 | 32,812,463 |
| 2005:Q4 | 5,383,363 | (6.6) | 85,568,705 | (8.9) | 15.90 | 88,252 | 1,402,766 | 31,945,464 |
| 2005:Q3 | 5,765,425 | (0.4) | 93,914,259 | (3.2) | 16.29 | 90,085 | 1,467,410 | 31,315,573 |
| 2005:Q2 | 5,786,335 | 6.7 | 97,043,671 | 5.1 | 16.77 | 90,411 | 1,516,307 | 30,470,860 |
| 2005:Q1 | 5,424,212 | 4.4 | 92,370,184 | 10.1 | 17.03 | 88,922 | 1,514,265 | 30,041,775 |
| 2004:Q4 | 5,194,890 | 4.3 | 83,926,234 | 1.2 | 16.16 | 82,459 | 1,332,162 | 29,370,123 |
| 2004:Q3 | 4,982,443 | (3.2) | 82,913,358 | 6.7 | 16.64 | 77,851 | 1,295,521 | 28,819,069 |
| 2004:Q2 | 5,149,102 | 6.4 | 77,732,065 | 12.9 | 15.10 | 80,455 | 1,214,564 | 28,256,767 |
| 2004:Q1 | 4,838,376 | (0.4) | 68,853,595 | 6.6 | 14.23 | 78,038 | 1,110,542 | 27,710,456 |
| 2003:Q4 | 4,858,865 | (16.6) | 64,611,894 | (9.5) | 13.30 | 78,369 | 1,042,127 | 27,042,565 |
| 2003:Q3 | 5,827,322 | 14.8 | 71,373,033 | 2.1 | 12.25 | 91,052 | 1,115,204 | 26,309,943 |
| 2003:Q2 | 5,073,883 | 10.0 | 69,908,350 | 13.2 | 13.78 | 79,279 | 1,092,318 | 25,260,067 |
| 2003:Q1 | 4,611,325 | (0.5) | 61,750,917 | 2.2 | 13.39 | 75,595 | 1,012,310 | 24,225,461 |
| 2002:Q4 | 4,636,668 | 4.7 | 60,432,131 | 0.1 | 13.03 | 74,785 | 974,712 | 23,050,957 |
| 2002:Q3 | 4,428,925 | 2.0 | 60,363,571 | 7.3 | 13.63 | 69,202 | 943,181 | 21,964,983 |
| 2002:Q2 | 4,343,550 | 7.9 | 56,232,372 | 8.4 | 12.95 | 67,868 | 878,631 | 21,219,110 |
| 2002:Q1 | 4,027,381 | 2.1 | 51,879,047 | (2.0) | 12.88 | 66,023 | 850,476 | 20,711,843 |
| 2001:Q4 | 3,945,738 | 15.7 | 52,934,654 | 5.0 | 13.42 | 63,641 | 853,785 | 17,327,032 |
| 2001:Q3 | 3,410,275 | (10.7) | 50,391,742 | (8.4) | 14.78 | 54,131 | 799,869 | 16,537,281 |
| 2001:Q2 | 3,819,047 | (0.5) | 55,040,345 | 2.0 | 14.41 | 59,673 | 860,005 | 15,955,756 |
| 2001:Q1 | 3,838,813 | 12.2 | 53,976,293 | 11.0 | 14.06 | 61,916 | 870,585 | 15,378,499 |
| 2000:Q4 | 3,420,429 | 4.2 | 48,642,275 | 6.2 | 14.22 | 55,168 | 784,553 | 14,943,324 |
| 2000:Q3 | 3,281,232 | (3.1) | 45,810,653 | (1.9) | 13.96 | 52,083 | 727,153 | 14,660,905 |
| 2000:Q2 | 3,387,435 | (3.4) | 46,715,921 | (0.5) | 13.79 | 52,929 | 729,936 | 14,415,624 |
| 2000:Q1 | 3,506,892 | 11.9 | 46,964,329 | 9.8 | 13.39 | 55,665 | 745,466 | 14,372,595 |
| 1999:Q4 | 3,134,828 | (6.8) | 42,768,537 | (4.5) | 13.64 | 49,759 | 678,866 | 14,261,967 |
| 1999:Q3 | 3,364,918 | (5.2) | 44,792,992 | (4.2) | 13.31 | 52,577 | 699,891 | 13,994,736 |
| 1999:Q2 | 3,550,720 | 6.1 | 46,749,291 | 3.5 | 13.17 | 55,480 | 730,458 | 13,674,253 |
| 1999:Q1 | 3,347,081 | (9.8) | 45,175,462 | (0.3) | 13.50 | 54,870 | 740,581 | 13,350,038 |
| 1998:Q4 | 3,708,842 | 2.4 | 45,311,354 | (13.1) | 12.22 | 59,820 | 730,828 | |
| 1998:Q3 | 3,621,798 | 1.0 | 52,171,649 | (0.3) | 14.40 | 55,720 | 802,641 | |
| 1998:Q2 | 3,586,706 | 4.0 | 52,331,540 | 9.1 | 14.59 | 56,042 | 817,680 | |
| 1998:Q1 | 3,448,263 | 4.2 | 47,967,066 | 5.9 | 13.91 | 56,529 | 786,345 | |
| 1997:Q4 | 3,307,843 | 0.8 | 45,308,790 | (6.6) | 13.70 | 53,352 | 730,787 | |
| 1997:Q3 | 3,280,659 | 1.5 | 48,503,232 | 15.2 | 14.78 | 51,260 | 757,863 | |
| 1997:Q2 | 3,232,331 | 3.5 | 42,097,724 | 7.8 | 13.02 | 50,505 | 657,777 | |
| 1997:Q1 | 3,123,614 | (1.9) | 39,039,584 | (0.3) | 12.50 | 51,207 | 639,993 | |
| 1996:Q4 | 3,185,507 | 0.6 | 39,146,434 | (0.1) | 12.29 | 51,379 | 631,394 | |
| 1996:Q3 | 3,166,714 | (6.9) | 39,196,983 | 0.5 | 12.38 | 49,480 | 612,453 | |
| 1996:Q2 | 3,401,330 | 1.7 | 39,004,543 | (9.9) | 11.47 | 53,146 | 609,446 | |
| 1996:Q1 | 3,345,305 | 6.3 | 43,289,500 | 11.9 | 12.94 | 53,957 | 698,218 | |
| 1995:Q4 | 3,147,854 | 1.3 | 38,673,493 | 4.5 | 12.29 | 50,772 | 623,766 | |
| 1995:Q3 | 3,107,275 | (5.4) | 37,009,497 | (2.6) | 11.91 | 49,322 | 587,452 | |
| 1995:Q2 | 3,286,353 | 0.5 | 38,015,901 | 5.4 | 11.57 | 51,349 | 593,998 | |
| 1995:Q1 | 3,269,224 | 5.3 | 36,065,540 | 5.6 | 11.03 | 52,729 | 581,702 | |
| 1994:Q4 | 3,105,856 | 0.7 | 34,161,378 | (3.8) | 11.00 | 50,916 | 560,023 | |
| 1994:Q3 | 3,083,779 | (5.2) | 35,496,295 | (2.0) | 11.51 | 48,184 | 554,630 | |
| 1994:Q2 | 3,253,214 | 3.4 | 36,210,006 | (6.8) | 11.13 | 50,831 | 565,781 | |
| 1994:Q1 | 3,147,347 | 5.9 | 38,834,547 | 10.2 | 12.34 | 50,764 | 626,364 | |
| 1993:Q4 | 2,972,607 | (2.7) | 35,224,545 | (10.9) | 11.85 | 47,184 | 559,120 | |
| 1993:Q3 | 3,054,037 | 4.9 | 39,526,359 | 11.2 | 12.94 | 47,719 | 617,599 | |
| 1993:Q2 | 2,910,198 | (3.6) | 35,545,998 | (1.1) | 12.21 | 45,472 | 555,406 | |
| 1993:Q1 | 3,020,211 | 2.3 | 35,923,402 | 0.0 | 11.89 | 49,512 | 588,908 | |
| 1992:Q4 | 2,952,240 | (1.2) | 35,919,026 | (2.4) | 12.17 | 47,617 | 579,339 | |
| 1992:Q3 | 2,987,139 | 2.2 | 36,794,306 | 8.8 | 12.32 | 45,956 | 566,066 | |
| 1992:Q2 | 2,921,731 | 1.0 | 33,818,748 | 2.0 | 11.57 | 45,652 | 528,418 | |
| 1992:Q1 | 2,892,107 | --- | 33,143,630 | --- | 11.46 | 46,647 | 534,575 |
Notes
1 Amounts in bold were restated in March 2007.
2 Based on the number of business days per period.
3 Began reporting this statistic in 1999.
4 The 2016:Q2 data was revised on July 26, 2016.