OCC’s sec lending jumps in November
02 December 2015 Chicago
Image: Shutterstock
The Options Clearing Corporation’s (OCC) securities lending activity registered through its central counterparty (CCP) grew by 27 percent in new loans for November, compared to the same month last year.
Total loan activity is up 16 percent for the year-to-date from 2014, with 1.2 million new loan transactions in 2015.
The average daily loan value cleared by the OCC in November was valued at $166.5 billion.
OCC’s cleared futures volume reached more than 4.9 million contracts in November.
This represented a 30 percent increase on last year, although year-to-date average daily cleared futures volume was actually down 3 percent.
Exchange-listed options and equity options for the month also increased by 10 and 9 percent respectively, with more than 323 million and 293 million recorded contracts.
Total loan activity is up 16 percent for the year-to-date from 2014, with 1.2 million new loan transactions in 2015.
The average daily loan value cleared by the OCC in November was valued at $166.5 billion.
OCC’s cleared futures volume reached more than 4.9 million contracts in November.
This represented a 30 percent increase on last year, although year-to-date average daily cleared futures volume was actually down 3 percent.
Exchange-listed options and equity options for the month also increased by 10 and 9 percent respectively, with more than 323 million and 293 million recorded contracts.
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