Â鶹´«Ã½

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Â鶹´«Ã½
Leading the Way

Global Â鶹´«Ã½ Finance News and Commentary
≔ Menu
Â鶹´«Ã½
Leading the Way

Global Â鶹´«Ã½ Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. Â鶹´«Ã½ lending increases 71 per cent at OCC
Industry news

Â鶹´«Ã½ lending increases 71 per cent at OCC


02 December 2010 Chicago
Reporter: Ben Wilkie

Generic business image for news article
Image: Shutterstock
The Options Clearing Corporation (OCC) has said that total OCC volume reached 354,897,569 contracts in November, with stock loan activities up 71 per cent.

This represents a 33 per cent percent increase over the November 2009 volume of 266,989,810 contracts. OCC year-to-date total volume is up eight per cent with 3,581,480,630 contracts, only 43,540,423 contracts away from last year’s annual total. As of the end of November, OCC’s year-to-date cleared futures volume is 23,619,380, nearly double the 2009 annual total of 12,383,935 contracts.

Options: Exchange-listed options trading in the US for the month of November was up 33 per cent from the previous year. Index options trading increased five per cent over the previous November with 23,247,409 contracts. Equity options trading volume rose 35 per cent compared to the same month last year with 328,797,894 contracts in November.

Futures: Futures cleared by OCC in November rose to 2,852,266 with an average daily contract volume of 135,822. Index and other futures volume reached 2,632,779 contracts in November, a 74 per cent percent increase over the same month last year where 1,513,317 were traded. Futures cleared by OCC show a year-to-date average daily contract volume of 102,693.

Â鶹´«Ã½ Lending: OCC's stock loan programme, including OTC and AQS, saw a 71 per cent increase in new loan activity over November 2009 with 63,852 new loan transactions in November. Year-to-date securities lending activity is up 66 per cent from 2009 with 587,320 new loan transactions in 2010. OCC’s stock loan program had an average daily notional value of $13,115,494,987.
← Previous industry article

Eurex sees 20 per cent rise in 2010
Next industry article →

OneChicago year-to-date volume up 64%
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 Â鶹´«Ã½ 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 →