OCC boasts record-breaking June volumes
05 July 2016 Chicago
Image: Shutterstock
The Options Clearing Corporation (OCC) enjoyed a 39 percent boost to its securities lending new loans volume through its central counterparty in June, compared to the same month in 2015.
January to June stock loan activity was also up 45 percent from 2015.
OCC’s average cleared daily loan value for June reached $1.45 billion.
The Chicago-based clearinghouse also achieved its highest ever volume for cleared futures in a month, with a 79 percent jump, compared to June 2015.
OCC’s average daily cleared futures volume for 2016 so far is up 68 percent with 386,756 contracts in 2016.
“OCC has seen increased clearance and settlement activity in our core equity options clearing business attributable to recently elevated levels of equity market volatility,” said Craig Donohue, OCC executive chair.
“We also continue to experience strong growth in our futures and stock loan clearing businesses. As the foundation for secure markets, OCC is committed to providing industry-leading clearance, settlement and risk management services while fostering the continued growth of our business.”
January to June stock loan activity was also up 45 percent from 2015.
OCC’s average cleared daily loan value for June reached $1.45 billion.
The Chicago-based clearinghouse also achieved its highest ever volume for cleared futures in a month, with a 79 percent jump, compared to June 2015.
OCC’s average daily cleared futures volume for 2016 so far is up 68 percent with 386,756 contracts in 2016.
“OCC has seen increased clearance and settlement activity in our core equity options clearing business attributable to recently elevated levels of equity market volatility,” said Craig Donohue, OCC executive chair.
“We also continue to experience strong growth in our futures and stock loan clearing businesses. As the foundation for secure markets, OCC is committed to providing industry-leading clearance, settlement and risk management services while fostering the continued growth of our business.”
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