12 . brokerage receivables and brokerage payables citi has receivables and payables for financial instruments sold to and purchased from brokers , dealers and customers , which arise in the ordinary course of business . citi is exposed to risk of loss from the inability of brokers , dealers or customers to pay for purchases or to deliver the financial instruments sold , in which case citi would have to sell or purchase the financial instruments at prevailing market prices . credit risk is reduced to the extent that an exchange or clearing organization acts as a counterparty to the transaction and replaces the broker , dealer or customer in question . citi seeks to protect itself from the risks associated with customer activities by requiring customers to maintain margin collateral in compliance with regulatory and internal guidelines . margin levels are monitored daily , and customers deposit additional collateral as required . where customers cannot meet collateral requirements , citi may liquidate sufficient underlying financial instruments to bring the customer into compliance with the required margin level . exposure to credit risk is impacted by market volatility , which may impair the ability of clients to satisfy their obligations to citi . credit limits are established and closely monitored for customers and for brokers and dealers engaged in forwards , futures and other transactions deemed to be credit sensitive . brokerage receivables and brokerage payables consisted of the following: .
payables to brokers , dealers , and clearing organizations 19915 18069 total brokerage payables ( 1 ) $ 57152 $ 53722 ( 1 ) includes brokerage receivables and payables recorded by citi broker- dealer entities that are accounted for in accordance with the aicpa accounting guide for brokers and dealers in securities as codified in asc 940-320. .
December 31,
In millions of dollars 2016 2015
Receivables from customers $10,374 $10,435
Receivables from brokers, dealers, and clearing organizations 18,513 17,248
Total brokerage receivables<sup>(1)</sup> $28,887 $27,683
Payables to customers $37,237 $35,653
Payables to brokers, dealers, and clearing organizations 19,915 18,069
Total brokerage payables<sup>(1)</sup> $57,152 $53,722
in millions of dollars december 31 , 2016 december 31 , 2015
receivables from customers $ 10374 $ 10435
receivables from brokers dealers and clearing organizations 18513 17248
total brokerage receivables ( 1 ) $ 28887 $ 27683
payables to customers $ 37237 $ 35653
payables to brokers dealers and clearing organizations 19915 18069
total brokerage payables ( 1 ) $ 57152 $ 53722
what was the percent of the change in the 8 total brokerage payable from 2015 to 2016