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 20.3% YoY for August
Industry news

OCC average daily loan value grows 20.3% YoY for August


05 September 2024 US
Reporter: Carmella Haswell

Generic business image for news article
Image: Miha_Creative/stock.adobe.com
The Options Clearing Corporation (OCC) has recorded a 20.3 per cent year-on-year (YoY) rise in average daily loan value for securities lending trades, generating US$168.2 billion for August.

Total securities lending transactions cleared on the OCC platform in August increased 19.97 per cent YoY to 262,633.

Total volume for all futures and options cleared through the equity derivatives clearing organisation increased 4.3 per cent YoY to 1.06 billion contracts for the month.

OCC experienced a 10 per cent YoY hike in index options contracts for the year to 97.9 million and a 26.4 per cent YoY rise in cleared futures contracts to 6.9 million.

ETF options contracts cleared on OCC were down by 1.2 per cent YoY for August to 405.9 million. Equity options volumes were up 7.4 per cent YoY to 556.4 million for the month.
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 →