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34 per cent rise in securities lending for OCC


02 May 2012 Chicago
Reporter: Georgina Lavers

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Image: Shutterstock
OCC announced that cleared contract volume reached 321.9 million contracts in April, a 5 per cent decrease from the April 2011 volume of 338.6 million contracts.

Based on Futures Industry Association data released in April, OCC’s first quarter cleared volume of 1.07 billion contracts accounted for 57 per cent of all listed derivatives contracts cleared in the US during that period.

Options trading volume and equity futures were both down by seven and 31 per cent respectively year-to-year.

However, OCC's stock loan program, including OTC and AQS, saw a 34 per cent increase in new loan activity over April 2011 with 79,826 new loan transactions in April. Year-to-date securities lending activity is up 11 per cent from 2011 with 295,150 new loan transactions in 2012.
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