OCC reports 11 per cent increase in H1 02 July 2010Chicago Reporter:
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The Options Clearing Company has seen an 11 per cent increase in options contract deals in the past six months, compared to the same period last year.
A total of 2,014,209,214 total options contracts had changed hands by the end of June, the first time volume reached 2 billion in a six-month period.
OCC's stock loan program, including OTC and AQS, saw a 90 per cent increase in new loan activity in June with 60,725 new loan transactions. Year to date securities lending activity is up 56 per cent with 285,767 new loan transactions in the first half of 2010. OCC's stock loan program had an average daily notional value of $11,685,154,788 in June.
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