OCC securities lending average daily loan volume rises 16% YoY in March
Latest news
OCC securities lending average daily loan volume rises 16% YoY in March 05 April 2022US Reporter: SFT
Image: AdobeStock/Andrii Yalanskyi
OCC securities lending activity has grown 15.6 per cent YoY by average daily loan value, rising to US$137.6 billion for March. This follows a 15.8 per cent YoY rise in ADLV during February.
Securities lending transactions cleared through OCC have risen 32.1 per cent YoY by volume during March to 211,978 transactions.
Total cleared futures and options through OCC have climbed 4.4 per cent YoY in March to 943.7 million contracts. Average daily volume for aggregated futures and options activity has grown 1.2 per cent to 42.7 million trades.
ETF options and index options have experienced the strongest YoY growth for March. ETF options contracts cleared through OCC have risen by 29.7 per cent to 348.9 million, with ADV up 36.2 per cent to 15.6 million.
Index options contracts cleared through OCC have grown by 28.0 per cent to 53.4 million YoY for March, with ADV rising 26.9 per cent to 2.4 million transactions.
In contrast, equity options clearing activity has contracted, falling 8.7 per cent YoY to 536.9 million contracts in March. Equity options ADV decreased 14.6 per cent to 24.4 million transactions for the period.
Futures contracts cleared through OCC have also declined, falling 14.9 per cent to 4.6 million contracts.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times