OCC’s securities lending volume rises 03 July 2012Chicago Reporter: Mark Dugdale
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OCC’s cleared contract volume declined 6 percent in the first half of 2012, but its securities lending volume rose 15 percent.
Its cleared contract volume reached 329,891,797 in June, which represents a 12 percent decrease from the June 2011 volume of 376,877,261 contracts. This means that OCC’s year-to-date total contract volume is down 6 percent with 2,100,988,040 contracts in 2012.
OCC's stock loan programme, which includes OTC and AQS, saw 80,284 new loan transactions in June 2012. This represents a 17 percent increase on the June 2011 figure.
Year-to-date securities lending activity is up 15 percent from 2011 with 458,578 new loan transactions in 2012. OCC's stock loan programme had an average daily notional value of $31,668,868,660.
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