OCC sees rise in July 2012 securities lending volume
Latest news
OCC sees rise in July 2012 securities lending volume 02 August 2012Chicago Reporter: Mark Dugdale
Image: Shutterstock
OCC’s securities lending central counterparty activities saw a 19 percent increase in July 2012 when compared to the same period in 2011, with 80,674 new transactions.
Its year-to-date stock loan activity is up 16 percent from 2011 with 539,252 new loan transactions in 2012. The average daily loan value at OCC in July was $33,573,733,743.
OCC’s cleared contract volume reached 309,599,417 contracts in July, which represents a 12 percent decrease from the July 2011 volume of 351,117,113 contracts.
Its year-to-date total contract volume is down 7 percent with 2,410,587,457 contracts in 2012.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times
Image: Shutterstock 