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 cleared securities lending volumes rise 4.4% YoY for May
Industry news

OCC cleared securities lending volumes rise 4.4% YoY for May


05 June 2023 US
Reporter: Carmella Haswell

Generic business image for news article
Image: Urupong/stock.adobe.com
The total securities lending volumes cleared on the Options Clearing Corporation (OCC) platform have increased 4.4 per cent year-on-year to 212, 269 trades for May 2023.

While the average daily loan value for securities lending trades cleared on the Chicago-based platform have risen 0.5 per cent YoY to US$127.9 billion.

For futures and options contracts, total volume for all futures and options cleared through OCC has jumped 9.5 per cent YoY to 949.0 million contracts for May 2023. These represent the third-highest monthly volumes in OCC’s history, according to the Chicago-based derivatives clearing organisation.

Year-to-date average daily volume for all futures and options cleared on the platform through 2023 was 44.4 million contracts, up 6.6 per cent compared to YTD average daily volume through 2022.

The platform experienced a 32.5 per cent YoY hike in index options contracts for the month to 80.2 million and a 13.1 per cent YoY decline in cleared futures contracts to 4.5 million.

ETF options contracts cleared on OCC have jumped 9.1 per cent YoY for May to 376.7 million.

Equity options volumes have increased 7.1 per cent YoY to 487.5 million for May.
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 →