Statement of Financial Condition

UBS Securities LLC Notes to the Statement of Financial Condition (continued) (In Thousands) 5. Receivables From and Payables to Brokers, Dealers and Clearing Organizations Amounts receivable from and payable to brokers, dealers and clearing organizations at December 31, 2021, consist of the following: Receivables from brokers, dealers and clearing organizations Receivables related to commodities clearing activity Securities failed to deliver Pending Trades, net Deposits with clearing organizations Affiliate commodity accounts ETF Collateral Foreign commodity affiliate brokers Other Total Payables to brokers, dealers and clearing organizations Affiliate commodity accounts Securities failed to receive Payables related to commodities clearing activity Other Total $ 1,215,768 771,089 557,774 413,225 283,626 268,444 212,756 875 3,723,557 $ $ $ 1,362,787 1,134,185 230,799 12,150 2,739,921 Derecognition of exchange-traded derivative customer cash from the Statement of Financial Condition In accordance with the Company's accounting policy as set out in Note 2, the Company does not recognize certain customer cash balances associated with derivatives clearing and execution services, resulting in decreases in Payables to customers by $5,234,800, Receivables from brokers, dealers and clearing organizations of $4,653,221, and cash segregated and on deposit for federal and other regulations of $581,579, as of December 31, 2021. 6. Fair Value Measurement Fair value is the amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm's length transaction at the measurement date. In measuring fair value, the Company uses various valuation approaches which often utilize certain assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and / or the risks inherent in the inputs to the valuation technique. 14

View entire presentation