OCC hits the ground running in 2017
02 February 2017 Chicago
Image: Shutterstock
OCC members began 2016 with a bang, completing 180,624 transactions last month.
The transactions, which marked a 32 percent increase over January 2016, had an average daily of more than $146.6 billion.
The central clearer’s 2016 ended on a similar high, with 177,826 stock loan transactions recorded in December.
January to December 2016 securities lending activity was also up 37 percent with almost two million new loan transactions.
OCC’s average daily loan value was $153 billion in December.
The transactions, which marked a 32 percent increase over January 2016, had an average daily of more than $146.6 billion.
The central clearer’s 2016 ended on a similar high, with 177,826 stock loan transactions recorded in December.
January to December 2016 securities lending activity was also up 37 percent with almost two million new loan transactions.
OCC’s average daily loan value was $153 billion in December.
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