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Industry news

OneChicago sees lending volume drops


04 December 2017 Chicago
Reporter: Zsuzsa Szabo

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Image: Shutterstock
The securities finance exchange OneChicago’s securities lending monthly volume dropped by 6 percent in November, compared to the same time last year.

OneChicago recorded 866,510 trades for the month.

The downturn marks a change of fortune for the exchange, which achieved a strong increase in cleared securities lending activity in September.

That month, OneChicago reported a 34 percent year-over-year growth, with 1.4 million transactions.

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