The Options Clearing Corporation (OCC) has recorded a 17.6 per cent year-on-year (YoY) growth in average daily loan value for securities lending trades across its platform, generating US$163.7 billion for June.
Total securities lending transaction volumes cleared on the OCC platform have also increased, up 4.24 per cent YoY to 206,450 transactions for the same month.
On the other hand, the total volume for all futures and options cleared through the equity derivatives clearing organisation has fallen by 4.7 per cent YoY to 917.5 million contracts for June 2024.
The average daily volume for all futures and options cleared on the platform through 2024 was 47 million contracts, 5.1 per cent higher compared to the previous year.
While there was a 7.4 per cent YoY rise in cleared futures contracts to 4.5 million, OCC also experienced a 9.3 per cent YoY fall in index options contracts for June to 75.4 million.
ETF options contracts cleared on OCC dropped 14.3 per cent YoY in the month to 318.7 million, but equity options volumes increased 3.1 per cent YoY to 518.9 million.
