OCC securities lending up 7% in February
OCC's stock loan programme, including OTC and AQS, saw a seven per cent increase in new loan activity with 68,820 new loan transactions in February.
Year-to-date securities lending activity is down three per cent from 2011 with 132,046 new loan transactions in 2012. OCC's stock loan program had an average daily notional value of $21.9 billion.
Total cleared contract volume in February surpassed 351 million contracts, representing a two per cent decrease year-on-year. OCC’s year-to-date total contract volume is down seven percent from 2011 with almost 689 million contracts.
