OCC average daily loan value up 9.39% for 2023
04 January 2024 US
Image: sulit.photos/stock.adobe.com
The Options Clearing Corporation (OCC) has recorded a 9.39 per cent year-on-year increase in average daily loan value for securities lending trades, generating US$137.3 billion for 2023.
The end of year performance was supported by a 31.4 per cent YoY rise in average daily loan value for securities lending trades in December, which generated US$161.6 billion.
Total securities lending transactions cleared on the OCC platform in 2023 was up 5.8 per cent YoY to 2,453,288.
Total volume for all futures and options cleared through the equity derivatives clearing organisation increased 7.1 per cent YoY to 11.1 billion contracts for 2023.
OCC experienced a 33.1 per cent YoY hike in index options contracts for the year to 959.8 million and a 1.3 per cent YoY rise in cleared futures contracts to 55.8 million.
ETF options contracts cleared on OCC have risen by 11.6 per cent YoY for 2023 to 4.4 billion. Equity options volumes were up 0.5 per cent YoY to 5.6 billion for 2023.
The end of year performance was supported by a 31.4 per cent YoY rise in average daily loan value for securities lending trades in December, which generated US$161.6 billion.
Total securities lending transactions cleared on the OCC platform in 2023 was up 5.8 per cent YoY to 2,453,288.
Total volume for all futures and options cleared through the equity derivatives clearing organisation increased 7.1 per cent YoY to 11.1 billion contracts for 2023.
OCC experienced a 33.1 per cent YoY hike in index options contracts for the year to 959.8 million and a 1.3 per cent YoY rise in cleared futures contracts to 55.8 million.
ETF options contracts cleared on OCC have risen by 11.6 per cent YoY for 2023 to 4.4 billion. Equity options volumes were up 0.5 per cent YoY to 5.6 billion for 2023.
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