OCC sec lending up 38%

OCC sec lending up 38%

New securities lending activity at the OCC rose 38% in November in comparison to the same month in 2011, according to the US clearinghouse’s monthly report.

Year-to-date securities lending is also up on the previous year. Activity is up 27% from 2011 and the average daily loan value at the OCC in November was $30.4bn.

The clearinghouse also saw a significant rise in clearing of futures. The OCC cleared 67% more futures in November in comparison to the previous year. Equity futures were up 35% while index and other futures increased 73%. However, year-to-date volume of cleared futures is down 7%.

The OCC continued to see a fall in options where exchange-listed options and equity options fell 3% and 4% respectively. Year-to-date total options volume is down 13% in comparison to 2011.

Thought Leaders

OCC continues to fulfill its role as a SIFMU

The Options Clearing Corporation won clearing house of the year: the Americas at...

CDSClear boosts market efficiency with new platform

LCH's credit default swap service launched an Electronic Exercise Platform in...

Are Brains Blocking Business Change?

By Dr Patrick McCreesh of Simatree working alongside Pirum

UnaVista takes reconciliation to a third dimension

UnaVista MiFIR Reconciliations won best new technology product: reconciliations...

Itiviti SI toolkit kickstarts new regime

Itiviti Systematic Internaliser won best new technology product: trading and...