OCC goes from strength to strength with CCP securities lending in 2017
02 March 2017 Chicago
Image: Shutterstock
OCC saw a strong start to its securities lending business in 2017, with a 19 percent increase in new loans through its central counterparty so far this year.
The clearinghouse also beat its February 2016 figures by 8 percent.
The average daily loan value cleared in February was $152.96 billion, from 161,782 transactions.
OCC seems destined to continue the strong trajectory of securities lending growth that it maintained throughout 2016.
January to December securities lending activity was up 37 percent with almost two million new loan transactions.
Cleared futures volume was up 57 percent in February, compared to the year before, with more than 10 million contracts.
Year-to-date average daily cleared futures volume was also up 45 percent with 505,209 contracts.
OCC was denied the boast of growth across the board by its exchange-listed options clearing volumes, which were down 3 percent from February 2016.
Year-to-date average daily equity options volume was down 8 percent, while average daily index options volume was up 4 percent in the opening months of the year.
The clearinghouse also beat its February 2016 figures by 8 percent.
The average daily loan value cleared in February was $152.96 billion, from 161,782 transactions.
OCC seems destined to continue the strong trajectory of securities lending growth that it maintained throughout 2016.
January to December securities lending activity was up 37 percent with almost two million new loan transactions.
Cleared futures volume was up 57 percent in February, compared to the year before, with more than 10 million contracts.
Year-to-date average daily cleared futures volume was also up 45 percent with 505,209 contracts.
OCC was denied the boast of growth across the board by its exchange-listed options clearing volumes, which were down 3 percent from February 2016.
Year-to-date average daily equity options volume was down 8 percent, while average daily index options volume was up 4 percent in the opening months of the year.
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