OCC’s securities lending CCP activity down for June
02 July 2019 Chicago
Image: Shutterstock
OCC’s securities lending central counterparty clearing (CCP) activity was down 10.6 percent in new loans from June 2018 with 106,566 transactions last month.
Year-to-date stock loan activity has decreased 3.2 percent from 2018 with 673,750 new loan transactions in 2019 while the average daily loan value at OCC in June was $83,014,097,951.
Total cleared contract volume in June reached 383,474,767 contracts, a 6.3 percent decrease compared to last June.
OCC’s year-to-date average daily cleared contract volume is 19,539,313, down 7.0 percent compared to 2018’s record-breaking pace, OCC revealed.
Futures cleared by OCC reached 5,584,194 contracts in June, down 27.5 percent from June last year.
OCC's year-to-date average daily cleared futures volume is 305,435 contracts, 32.0 percent lower than 2018.
Meanwhile, overall exchange-listed options volume reached 377,890,573 contracts in June, down 5.9 percent from 401,408,596 in 2018.
Equity options volume reached a total of 340,857,459 contracts, a 6.1 percent decrease from June last year.
Commenting on the results, John P. Davidson, OCC CEO, said: “As we enter the second half of 2019, OCC continues to promote stability and market integrity through effective and efficient clearance, settlement and risk management services.”
“We also continue to make good progress on our Renaissance Initiative, which is modernising our risk management, clearing and data systems to better serve market participants.”
Year-to-date stock loan activity has decreased 3.2 percent from 2018 with 673,750 new loan transactions in 2019 while the average daily loan value at OCC in June was $83,014,097,951.
Total cleared contract volume in June reached 383,474,767 contracts, a 6.3 percent decrease compared to last June.
OCC’s year-to-date average daily cleared contract volume is 19,539,313, down 7.0 percent compared to 2018’s record-breaking pace, OCC revealed.
Futures cleared by OCC reached 5,584,194 contracts in June, down 27.5 percent from June last year.
OCC's year-to-date average daily cleared futures volume is 305,435 contracts, 32.0 percent lower than 2018.
Meanwhile, overall exchange-listed options volume reached 377,890,573 contracts in June, down 5.9 percent from 401,408,596 in 2018.
Equity options volume reached a total of 340,857,459 contracts, a 6.1 percent decrease from June last year.
Commenting on the results, John P. Davidson, OCC CEO, said: “As we enter the second half of 2019, OCC continues to promote stability and market integrity through effective and efficient clearance, settlement and risk management services.”
“We also continue to make good progress on our Renaissance Initiative, which is modernising our risk management, clearing and data systems to better serve market participants.”
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