OCC average daily loan value up 17.3% YoY for January
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OCC average daily loan value up 17.3% YoY for January 06 February 2025US Reporter: Daniel Tison
Image: thenort/stock.adobe.com
The Options Clearing Corporation (OCC) has recorded a 17.3 per cent year-on-year (YoY) rise in average daily loan value for securities lending trades, generating US$173.6 billion for January.
Total securities lending transactions cleared on the OCC platform climbed 31.18 per cent YoY to 291,757 for the month.
The total volume for all futures and options cleared through the equity derivatives clearing organisation increased 17.8 per cent YoY to 1.1 billion contracts.
The OCC experienced a 27.6 per cent YoY hike in equity options contracts in January to 639.6 million, and index options contracts grew 5.1 per cent YoY to 92 million.
While ETF options contracts cleared on the OCC were up 8.3 per cent YoY for the month to 423 million, cleared futures contracts dropped 8.6 per cent YoY to 4.4 million.
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