OCC stock loan program up in 2011 04 January 2012Chicago Reporter: Anna Reitman
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OCC's total cleared contract volume in 2011 reached 4.6 billion contracts, a 17 percent increase over the 2010 volume, marking the ninth consecutive year of record volume for the clearer.
OCC’s annual securities lending activity was up 42 percent from 2010 with 743,730 new loan transactions in 2011, ending the year with an average daily notional value of $19.1 billion.
In the last month of 2011, however, new loan activity fell to 45,133 transactions, a drop of 35 percent compared to December 2010.
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