OCC cleared securities lending transactions up 24.9% for 2022
Latest news
OCC cleared securities lending transactions up 24.9% for 2022 05 January 2023US Reporter: Carmella Haswell
Image: Deemerwha_studio/stock.adobe.com
Securities lending transactions cleared on the Options Clearing Corporation (OCC) platform in 2022 jumped 24.9 per cent YoY to 2,319,800.
The average daily loan value for securities lending in 2022 increased 0.15 per cent YoY to 125,520,566,857, despite a 16.70 per cent YoY decline for the month of December.
According to OCC’s 2022 results, a new annual cleared contract volume record was set with 10.38 billion contracts cleared on the platform. The firm also recorded an average daily volume of 41.3 million contracts.
Compared to 2021, OCC had a 4.5 per cent increase in total contracts cleared for 2022.
The total volume for options contracts increased 4.6 per cent YoY to 10.3 billion, says OCC, while the total volume for futures contracts declined 5.9 per cent to 55.1 million.
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
Image: Deemerwha_studio/stock.adobe.com 