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OneChicago sees lending volume drops
Latest news
OneChicago sees lending volume drops
04 December 2017
Chicago
Reporter: Zsuzsa Szabo
Image: Shutterstock
The securities finance exchange OneChicago’s securities lending monthly volume dropped by 6 percent in November, compared to the same time last year.
OneChicago recorded 866,510 trades for the month.
The downturn marks a change of fortune for the exchange, which achieved a strong increase in cleared securities lending activity in September.
That month, OneChicago reported a 34 percent year-over-year growth, with 1.4 million transactions.
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