Margin Debt

融资融券余额

Sentiment & DerivativesP1Fund FlowsApplies to: US stocks

Formula

Margin financing balance + securities-lending balance (US equities: see FINRA)

How to read it

Rapidly rising margin = overheated leverage; sharp declines = deleveraging/panic.

Outputvalue/series
Data source: Shanghai/Shenzhen exchanges/FINRA. Public knowledge, not investment advice.

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Reference metadata — public, well-known indicator definitions. Not investment advice.