OCC cleared sec lending volume up 10% YoY
02 August 2022 US
Image: AdobeStock/Alexey Novikov
Securities lending transaction volumes cleared through OCC have grown 10.0 per cent month-on-month to 172,365 for July 2022.
However, average daily loan value for securities lending trades cleared through the Chicago-based clearing house have contracted 2.95 per cent to US$119.64 billion for July 2022 relative to July 2021.
For options contracts, total average daily volume for all options cleared through OCC has grown 3.6 per cent YoY to 40.60 million year-to-date.
This has been driven particularly by a 48.5 per cent YoY rise in ADV for ETF options to 15.50 million ytd and a 35.9 per cent YoY rise in ADV for index options to 2.58 million ytd.
For equity options, average daily volume has fallen 16.3 per cent to 22.28 million ytd.
Total monthly cleared futures and options volume through OCC has contracted 6.6 per cent to 742.04 million contracts for July 2022 relative to July 2021.
Equity options explained a major share of this decline, with monthly contract volume shrinking 26.8 per cent YoY for July 2022 to 393.92 million.
However, average daily loan value for securities lending trades cleared through the Chicago-based clearing house have contracted 2.95 per cent to US$119.64 billion for July 2022 relative to July 2021.
For options contracts, total average daily volume for all options cleared through OCC has grown 3.6 per cent YoY to 40.60 million year-to-date.
This has been driven particularly by a 48.5 per cent YoY rise in ADV for ETF options to 15.50 million ytd and a 35.9 per cent YoY rise in ADV for index options to 2.58 million ytd.
For equity options, average daily volume has fallen 16.3 per cent to 22.28 million ytd.
Total monthly cleared futures and options volume through OCC has contracted 6.6 per cent to 742.04 million contracts for July 2022 relative to July 2021.
Equity options explained a major share of this decline, with monthly contract volume shrinking 26.8 per cent YoY for July 2022 to 393.92 million.
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