OCC securities lending average daily loan value hits new high during December
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OCC securities lending average daily loan value hits new high during December 04 January 2022US Reporter: SFT
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Securities lending average daily loan value through OCC has increased 46.5 per cent YoY to US$147.7 billion for December 2021, representing a new record for the Chicago-based clearing entity.
Securities lending CCP activity rose by 49.8 per cent in new loans compared with December 2020, totalling 189, 217 transactions during December.
For December, exchange-listed cleared contract volume was the highest December on record, rising 12.4 per cent YoY to 850.7 million contracts.
For the year, aggregate exchange-listed cleared contracts hit a new high, with a 32.0 per cent rise in total futures and options contracts cleared during 2021 (9.93 billion) surpassing the previous record of 7.52 billion contracts established in 2020.
For options contracts, a 32.2 per cent increase in exchange-listed contracts to 7.47 billion for 2021 exceeded the previous high of 7.47 billion contracts cleared during 2020.
Futures contracts volumes rose slightly for 2021, the 58.6 million contracts over the 12 months representing a 2.5 per cent increase on 2020.
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