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. OCC’s lending CCP rises by 53 percent
Industry news

OCC’s lending CCP rises by 53 percent


02 May 2013 Chicago
Reporter: Georgina Lavers

Generic business image for news article
Image: Shutterstock
The Options Clearing Corporation (OCC's) securities lending CCP activities saw a 53 percent increase in new loans over April 2012 with 121,910 transactions last month.

Year-to-date stock loan activity is up 38 percent from 2012 with 408,486 new loan transactions in 2013. The average daily loan value at OCC in March was $48,863,005,728.

The equity derivatives clearing organisation also announced that cleared contract volume for the month was 376,392,187 contracts, a 17 percent increase from April 2012. OCC's year-to-date total contract volume is down half a percent from April 2012 with 1,383,287,827 contracts.

Exchange-listed options trading volume reached 371,147,433 contracts in April, a 16 percent increase from April 2012 and the highest April volume level ever recorded.

Average daily volume in April came in at 16,870,338 contracts, 6 percent more than the 15,982,030 contracts in April of last year. Year-to-date volume stood at 1,364,727,666 contracts, down 1 percent from the 1,380,749,815 contracts at the same point last year.

Futures cleared by OCC reached 5,244,754 contracts in April, up 123 percent from April 2012. OCC cleared an average of 238,398 futures contracts per day last month, a 103 percent increase from April 2012. OCC’s year-to-date cleared futures volume is up 87 percent with 18,560,161 contracts in 2013.
← Previous industry article

Open Interest at OneChicago up 66 percent
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 →