OCC sees 54 percent rise in new loans 02 March 2016Chicago Reporter: Mark Dugdale
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Options Clearing Corporation’s (OCC) securities lending central counterparty registered 150,326 transactions last month, up 54 percent in new loans from February 2015.
Year-to-date stock loan activity is up 41 percent from 2015 with 287,098 new loan transactions so far in 2016. The average daily loan value cleared by OCC in February was approximately $145.75 million.
Elsewhere at OCC, overall exchange-listed options volume was up 10 percent in February from the same month in 2015. OCC’s cleared futures volume achieved a 59 percent increase on February 2015.
Overall total cleared contract volume last month was up 10 percent from the year before.
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