OCC cleared securities lending volumes drop 2.6% YoY for April
04 May 2023 US
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Securities lending volumes cleared on the Options Clearing Corporation (OCC) platform declined 2.6 per cent year-on-year to 184,553 trades for April 2023.
The average daily loan value for securities lending trades cleared on the Chicago-based platform contracted 1.4 per cent YoY to US$132.3 billion.
For futures and options contracts, total volume for all futures and options cleared through OCC has dropped 2.4 per cent YoY to 764.3 million transactions for April 2023.
Year-to-date average daily volume for all futures and options cleared on the platform through April 2023 was 44.9 million contracts, up 7.2 per cent compared to YTD average daily volume through April 2022.
The platform experienced a 43.2 per cent YoY hike in index options contracts for the month to 67.2 million and a 19.1 per cent YoY decline in cleared futures contracts to 3.5 million.
ETF options contracts cleared on OCC rose 4.9 per cent YoY for April to 308.9 million.
In contrast, equity options contracted 12.0 per cent YoY to 384.6 million for April.
The average daily loan value for securities lending trades cleared on the Chicago-based platform contracted 1.4 per cent YoY to US$132.3 billion.
For futures and options contracts, total volume for all futures and options cleared through OCC has dropped 2.4 per cent YoY to 764.3 million transactions for April 2023.
Year-to-date average daily volume for all futures and options cleared on the platform through April 2023 was 44.9 million contracts, up 7.2 per cent compared to YTD average daily volume through April 2022.
The platform experienced a 43.2 per cent YoY hike in index options contracts for the month to 67.2 million and a 19.1 per cent YoY decline in cleared futures contracts to 3.5 million.
ETF options contracts cleared on OCC rose 4.9 per cent YoY for April to 308.9 million.
In contrast, equity options contracted 12.0 per cent YoY to 384.6 million for April.
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