Securities lending rises 18 per cent at OCC
03 April 2012 Chicago
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OCC has cleared 379.8 million contracts in March, a 10 per cent decrease from the March 2011 volume of 421.5 million contracts.
Exchange-listed options trading volume also saw a 10 per cent decrease from March 2011, with futures cleared by OCC down 18 per cent from 2011.
However, OCC's stock loan program, including OTC and AQS, saw an 18 per cent increase in new loan activity over March 2011 with 83,278 new loan transactions in March.
Year-to-date securities lending activity is up 4 per cent from 2011 with 215,324 new loan transactions in 2012. OCC's stock loan program had an average daily notional value of $23,787,253,798.
Exchange-listed options trading volume also saw a 10 per cent decrease from March 2011, with futures cleared by OCC down 18 per cent from 2011.
However, OCC's stock loan program, including OTC and AQS, saw an 18 per cent increase in new loan activity over March 2011 with 83,278 new loan transactions in March.
Year-to-date securities lending activity is up 4 per cent from 2011 with 215,324 new loan transactions in 2012. OCC's stock loan program had an average daily notional value of $23,787,253,798.
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