OCC average daily loan value grows 27.7% YoY for October
02 November 2023 US
Image: anttoniart/stock.adobe.com
The Options Clearing Corporation (OCC) has recorded a 27.7 per cent year-on-year increase in average daily loan value for securities lending trades, generating US$147.7 billion for October.
Similarly, total securities lending transactions cleared on the OCC platform faced a YoY increase of 19.8 per cent to 221,451 for the same month.
Total volume for all futures and options cleared through the equity derivatives clearing organisation has risen 8.6 per cent YoY to 988.3 million contracts for October 2023.
Year-to-date average daily volume for all futures and options cleared on the platform through 2023 was 44.4 million contracts, up 8.2 per cent compared to YTD average daily volume through 2022.
OCC experienced a 32.5 per cent YoY hike in index options contracts for the month of October to 100.7 million and a 48.6 per cent YoY rise in cleared futures contracts to 6.4 million.
ETF options contracts cleared on OCC have risen by 25.6 per cent YoY for October to 460.2 million. However, equity options volumes declined 9.1 per cent YoY to 421.0 million for October.
Similarly, total securities lending transactions cleared on the OCC platform faced a YoY increase of 19.8 per cent to 221,451 for the same month.
Total volume for all futures and options cleared through the equity derivatives clearing organisation has risen 8.6 per cent YoY to 988.3 million contracts for October 2023.
Year-to-date average daily volume for all futures and options cleared on the platform through 2023 was 44.4 million contracts, up 8.2 per cent compared to YTD average daily volume through 2022.
OCC experienced a 32.5 per cent YoY hike in index options contracts for the month of October to 100.7 million and a 48.6 per cent YoY rise in cleared futures contracts to 6.4 million.
ETF options contracts cleared on OCC have risen by 25.6 per cent YoY for October to 460.2 million. However, equity options volumes declined 9.1 per cent YoY to 421.0 million for October.
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