Â鶹´«Ã½ lending up in May for OCC
02 June 2017 Chicago
Image: Shutterstock
OCC's securities lending central counterparty activity was up 26 percent in new loans in May, compared to the same time last year.
Year-to-date lending activity is up 19 percent from 2016 with 938,368 new loan transactions in 2017.
The average daily loan value cleared by OCC was $157.8 billion in May, with 209,904 transactions recorded.
OCC also saw cleared futures volume set a monthly record in May recording a 61 percent increase on 2016, with 13,483,086 contracts.
Year-to-date average daily cleared futures volume was up 53 percent from 2016 with 548,064 contracts.
Year-to-date lending activity is up 19 percent from 2016 with 938,368 new loan transactions in 2017.
The average daily loan value cleared by OCC was $157.8 billion in May, with 209,904 transactions recorded.
OCC also saw cleared futures volume set a monthly record in May recording a 61 percent increase on 2016, with 13,483,086 contracts.
Year-to-date average daily cleared futures volume was up 53 percent from 2016 with 548,064 contracts.
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
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