Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Securities Finance News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Securities Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. OCC securities lending ADV down 8.1% YoY for Jan
Industry news

OCC securities lending ADV down 8.1% YoY for Jan


02 February 2023 US
Reporter: SFT

Generic business image for news article
Image: ImagESine/unify.com
Securities lending volumes cleared through OCC have remained flat YoY for January, staying almost unchanged from January 2021 figures at 177, 214 transactions

However, in value terms, average daily loan value for securities lending trades cleared through OCC was down 8.1 per cent YoY for January to US$121.3 billion, indicating smaller average ticket sizes clearing across the Chicago-based platform.

Month-on-month, securities lending volumes for January 2023 fell 12.0 per cent on December 2022 figures, with average daily loan value down 1.4 per cent over the month.

For futures and options contracts, total volume for all futures and options cleared through OCC has risen 2.9 per cent YoY to 923.1 million for January 2023.

This increase is driven by a 31.7 per cent rise in index options contracts YoY to 68.0 million and a 15.6 per cent rise in ETF options to 360.9 million, notwithstanding a 7.0 per cent decline in equity options contracts to 490.4 million.

Futures contracts cleared through OCC also contracted year-on-year in volume terms, falling 36.5 per cent to 3.8 million.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
Advertisement
Subscribe today
Knowledge base

Companies in this article
→ OCC

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →