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 average daily loan value up 28% YoY for November
Industry news

OCC average daily loan value up 28% YoY for November


05 December 2023 US
Reporter: Sophie Downes

Generic business image for news article
Image: ABC Vector
The Options Clearing Corporation (OCC) has recorded a 28 per cent year-on-year increase in average daily loan value for securities lending trades, generating US$142.9 billion in November.

Similarly, total securities lending transactions cleared on the OCC platform faced a YoY increase of 16.7 per cent to 219,840 for the same month.

The total volume for all futures and options cleared through the equity derivatives clearing organisation has declined 1.6 per cent YoY to 907.9 million contracts for November 2023.

Year-to-date average daily volume for all futures and options cleared on the platform through 2023 was 44.3 million contracts, up 7.2 per cent compared to YTD average daily volume through 2022.

OCC experienced a 22 per cent YoY hike in index options contracts for the month of November to 84.3 million and a 10.7 per cent YoY rise in cleared futures contracts to 4.2 million.

ETF options contracts cleared on OCC have risen by 4 per cent YoY for November to 362.8 million. However, equity options volumes declined 8.8 per cent YoY to 456.4 million for the same month.
Next industry article →

Zodia Custody integrates with Fireblocks
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 →