Within the liability section of our example bank, we've got a specific line, which is referred to as customer and other payables.

Looking at the breakdown of this, within the footnotes, we've got payables to customers and counterparties and to broker dealers and clearing organizations.

You may also notice that if you look on the other side of the balance sheet, on the asset side, there's some very, very similar receivables lines, and these are really kind of the other side of those transactions with those counterparties.

Now, you'll notice that the payments to brokers, dealers, and clearing organizations is only 6.1 billion.

That's a pretty small part of the total.

That's typically part of the daily market making activities of the firm, the customers, and counterparties line is significant.

It's 217 billion.

So let's take a little bit more of a detailed look at that in terms of what this is.

This is primarily rallied to the firm's prime brokerage activities.

It'll be transactions with hedge funds and other active market participants.

The note goes on to say that they're accounted for on a cost plus accrued interest basis, which generally approximates fair value.

This is most likely because these line items are really short term, so the amortized cost method versus fair value is pretty insignificant because of the short term nature of these items.