OCC sees securities lending activity increase YoY for February
04 March 2021 US
Image: Oleg Golovnev/adobe.stock.com
Options Clearing Corporation’s (OCC) securities lending central counterparty (CCP) activity saw its average daily loan value for February increase 43.4 per cent compared to February 2020, hitting $115.7 billion.
Securities lending CCP activity also increased by 17.8 per cent in new loan volumes from February 2020 with 115,069 transactions last month.
The world’s largest equity derivatives clearing organisation’s total cleared contracts volume for February was 828.6 million contracts, the second-highest month on record — up 45.6 per cent compared to the same month last year.
OCC’s year-to-date average daily cleared contract volume through February was also up 61.4 per cent compared to February 2020, with 44 million contracts.
The clearing house’s equity options cleared contract volume was 786 million, up 54.8 per cent compared to February 2020, but falling short of the record set last month when 800.2 million contracts were cleared.
This includes exchange-traded-funds option cleared contract volume of 214 million, a 2.4 per cent increase compared to the same period last year.
Securities lending CCP activity also increased by 17.8 per cent in new loan volumes from February 2020 with 115,069 transactions last month.
The world’s largest equity derivatives clearing organisation’s total cleared contracts volume for February was 828.6 million contracts, the second-highest month on record — up 45.6 per cent compared to the same month last year.
OCC’s year-to-date average daily cleared contract volume through February was also up 61.4 per cent compared to February 2020, with 44 million contracts.
The clearing house’s equity options cleared contract volume was 786 million, up 54.8 per cent compared to February 2020, but falling short of the record set last month when 800.2 million contracts were cleared.
This includes exchange-traded-funds option cleared contract volume of 214 million, a 2.4 per cent increase compared to the same period last year.
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