OCC sec finance rockets up in March
04 April 2016 Chicago
Image: Shutterstock
The Options Clearing Corporation (OCC) saw its central counterparty securities lending new loan volume soar by 47 percent year-on-year in March.
Over 455,000 securities lending transactions were recorded for March, with an average daily loan value of $145 billion.
OCC cleared futures also boomed in March, growing 62 percent year-on-year.
The average daily cleared futures volume in Q1 was 343,586 contracts, 53 percent higher than Q1 2015.
Overall exchange-listed options volume rose by a modest 3 percent during the same period, with 347 million contracts recorded over the month.
Equity options volume reached 309 million contracts, a slight increase of 0.26 percent from March 2015.
This includes cleared exchange-traded funds options, which went up by 11 percent year-to-year with a volume of 142 million contracts for March.
Index options volume was up 32 percent with 38 million contracts in March.
Over 455,000 securities lending transactions were recorded for March, with an average daily loan value of $145 billion.
OCC cleared futures also boomed in March, growing 62 percent year-on-year.
The average daily cleared futures volume in Q1 was 343,586 contracts, 53 percent higher than Q1 2015.
Overall exchange-listed options volume rose by a modest 3 percent during the same period, with 347 million contracts recorded over the month.
Equity options volume reached 309 million contracts, a slight increase of 0.26 percent from March 2015.
This includes cleared exchange-traded funds options, which went up by 11 percent year-to-year with a volume of 142 million contracts for March.
Index options volume was up 32 percent with 38 million contracts in March.
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