OCC enjoys bumper increase in new loans
02 June 2016 Chicago
Image: Shutterstock
Securities lending activity at the Options Clearing Corporation (OCC) was up 52 percent in new loans last month.
The central counterparty processed 167,054 new transactions in May, well ahead of the same month in 2015, when it processed 109,626.
Year-to-date stock loan activity is up 46 percent from 2015 with 787,220 new loan transactions in 2016. The average daily loan value cleared by OCC in May was more than $141.3 billion.
Elsewhere, exchange-listed options volume reached over 311 million contracts in May, a 2 percent increase from the same month in 2015.
Equity options volume in May reached more than 278.7 million contracts, a 1 percent increase from May 2015. This includes cleared exchange-traded fund options volume of almost 121 million contracts, a 15 percent increase over May 2015’s volume of around 105.1 million contracts.
OCC’s cleared futures volume in May reached roughly 8.36 million contracts, a massive 86 percent increase from the May 2015 volume of around 4.51 million contracts.
The central counterparty processed 167,054 new transactions in May, well ahead of the same month in 2015, when it processed 109,626.
Year-to-date stock loan activity is up 46 percent from 2015 with 787,220 new loan transactions in 2016. The average daily loan value cleared by OCC in May was more than $141.3 billion.
Elsewhere, exchange-listed options volume reached over 311 million contracts in May, a 2 percent increase from the same month in 2015.
Equity options volume in May reached more than 278.7 million contracts, a 1 percent increase from May 2015. This includes cleared exchange-traded fund options volume of almost 121 million contracts, a 15 percent increase over May 2015’s volume of around 105.1 million contracts.
OCC’s cleared futures volume in May reached roughly 8.36 million contracts, a massive 86 percent increase from the May 2015 volume of around 4.51 million contracts.
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