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OCC sec lending enjoys autumn boost
03 November 2015 Chicago
Reporter: Drew Nicol

Image: Shutterstock
The Options Clearing Corporation’s (OCC) securities lending activity grew by 12 percent in October over the same month last year.

Just under 120,000 new loans were recorded through the OCC’s central counterparty last month, up from 107,000 in 2014.

An average daily loan value of $175 billion was achieved by the OCC for October.

Year-to-date stock loan activity was also up 15 percent from 2014’s data.

According to the OCC, there have been 1.14 million transactions recorded so far in 2015.

In contrast, cleared options contracts volume fell by 26 percent for October, compared to the same month in 2014.

Year-to-date average daily options volume is also down 3 percent from 2014. Furthermore, index options and futures volumes were down 30 and 33 percent respectively in October.

OCC’s year-to-date average daily cleared futures volume is down 4 percent on last year’s target.
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