Full text of HSBC SECURITIES (USA) INC.'s X-17A-5 filed 2021-03-01 (period 2020-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ # **HSBC SECURITIES (USA) INC.** **Statement of Financial Condition** **December 31, 2020** {1}------------------------------------------------  {2}------------------------------------------------ ### **STATEMENT OF FINANCIAL CONDITION** | | December 31, 2020 | |--------------------------------------------------------------------------------------------------------------------------------------------------|-------------------| | | (in millions) | | Assets | | | Cash | \lt;br>285 | | Cash segregated under federal and other regulations | 609 | | Financial instruments owned, at fair value (includes \$9,072 pledged as collateral, which the counterparty<br>has the right to sell or repledge) | 9,153 | | Securities purchased under agreements to resell (includes \$4 at fair value) | 20,643 | | Receivable under securities borrowing arrangements | 11,758 | | Receivable from brokers, dealers, and clearing organizations | 4,154 | | Receivable from customers | 269 | | Other assets (include \$13 at fair value) | 295 | | Total assets | \lt;br>47,166 | | | | | Liabilities | | | Short-term borrowings | \lt;br>111 | | Financial instruments sold, not yet purchased, at fair value | 4,070 | | Securities sold under agreements to repurchase | 37,208 | | Payable to customers | 3,552 | | Payable to brokers, dealers, and clearing organizations | 167 | | Accounts payable and accrued liabilities | 344 | | Total liabilities | 45,452 | | Liabilities subordinated to claims of general creditors | 800 | | Common stock (\$0.05 par value; 1,000 shares authorized; 25 shares issued and outstanding)<br>Capital in excess of par value | —<br>2,508 | | Accumulated deficit | (1,595) | | Accumulated other comprehensive income (loss) | 1 | | Shareholder's equity | 914 | | | | The accompanying notes are an integral part of the statement of financial condition. Total liabilities and shareholder's equity........................................................................................................... \$ 47,166 {3}------------------------------------------------ # **NOTES TO STATEMENT OF FINANCIAL CONDITION** | Note | | Page | Note | Page | |------|---------------------------------------------------------------------------------------------------------------------|------|-----------------------------------------------------|------| | | 1 Organization | 5 | 11 Related Party Transactions | 14 | | | 2 Summary of Significan…Read the full text as markdown