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. 34 per cent rise in securities lending for OCC
Industry news

34 per cent rise in securities lending for OCC


02 May 2012 Chicago
Reporter: Georgina Lavers

Generic business image for news article
Image: Shutterstock
OCC announced that cleared contract volume reached 321.9 million contracts in April, a 5 per cent decrease from the April 2011 volume of 338.6 million contracts.

Based on Futures Industry Association data released in April, OCC’s first quarter cleared volume of 1.07 billion contracts accounted for 57 per cent of all listed derivatives contracts cleared in the US during that period.

Options trading volume and equity futures were both down by seven and 31 per cent respectively year-to-year.

However, OCC's stock loan program, including OTC and AQS, saw a 34 per cent increase in new loan activity over April 2011 with 79,826 new loan transactions in April. Year-to-date securities lending activity is up 11 per cent from 2011 with 295,150 new loan transactions in 2012.
Next industry article →

NICE to detect securities fraud
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 →