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 grows 24.3% YoY for March
Industry news

OCC average daily loan value grows 24.3% YoY for March


02 April 2024 US
Reporter: Sophie Downes

Generic business image for news article
Image: monsitj
The Options Clearing Corporation (OCC) has recorded a 24.3 per cent year-on-year increase in average daily loan value for securities lending trades across its platform, generating US$164.4 billion for March.

Total securities lending transaction volumes cleared on the OCC platform have decreased by 6.79 per cent YoY to 219,635 transactions for the same month.

Total volume for all futures and options cleared through the equity derivatives clearing organisation has declined 10.5 per cent YoY to 947.8 million contracts for March 2024.

Year-to-date average daily volume for all futures and options cleared on the platform through 2024 was 47.6 million contracts, up 3 per cent compared to YTD average daily volume through 2023.

OCC experienced a 8.2 per cent YoY decline in index options contracts for the month of March to 82.2 million. However, there was a 29.8 per cent YoY decline in cleared futures contracts to 4.3 million.

ETF options contracts cleared on OCC have also decreased 21.7 per cent YoY for March to 363 million. Equity options volumes have declined 0.3 per cent YoY to 498.2 million for March.
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 →