OCC enjoys sec lending summer growth
04 October 2016 Chicago
Image: Shutterstock
The Options Clearing Corporation’s (OCC) securities lending volume grew by 29 percent in new loans in September, compared to the same time last year.
Stock loan activity was also up 39 percent year-to-date from 2015, with an average clearing daily loan value of $162.6 billion.
OCC’s cleared futures volume enjoyed even greater growth of 57 percent last month, compared to the same month in 2015.
Average daily cleared futures volume was up 53 percent year-to-date from last year.
Equity options volume saw modest growth of 2 percent in September. Overall equity options growth was hampered by a 6 percent and 11 percent fall in cleared exchange-traded funds options and index options volumes respectively during September, compared to 2015.
Stock loan activity was also up 39 percent year-to-date from 2015, with an average clearing daily loan value of $162.6 billion.
OCC’s cleared futures volume enjoyed even greater growth of 57 percent last month, compared to the same month in 2015.
Average daily cleared futures volume was up 53 percent year-to-date from last year.
Equity options volume saw modest growth of 2 percent in September. Overall equity options growth was hampered by a 6 percent and 11 percent fall in cleared exchange-traded funds options and index options volumes respectively during September, compared to 2015.
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