what was the ratio of the total brokerage payable to the total brokerage receivables in 2016
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: .

|  | 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 |

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. .

ratio = 57152 / 28887
answer = ratio