In the news

Their appointment occurred during the CASLA annual general meeting, which was held on 4 March

The Options Clearing Corporation (OCC) has recorded a 24.3 per cent year-on-year increase in average daily loan value

The Options Clearing Corporation (OCC) generated US$157.8 billion for February in average daily loan value

Based in New Jersey, David Martocci was managing director and global head of securities finance for 13 years

As part of the reshuffle, the firm has selected OCC CEO Andrej Bolkovic and Nasdaq’s president of European market services Roland Chai to join the board

Reshad Mullboccus, former HSBC global head, will join MUFG’s global securities lending solutions team

Meaghan Dugan, head of options at the New York Stock Exchange (NYSE), brings more than 20 years of financial experience to the Options Clearing Corporation (OCC)

The total securities lending volumes cleared on the Options Clearing Corporation (OCC) platform have increased 4.4 per cent year-on-year to 212,269 trades for May 2023

OCC cleared sec lending volumes fall to 173,888 trades YoY for February, with average daily loan value down 12.3 per cent YoY

Joseph Lewis, managing director and co-head of corporate hedging and FX solutions at Jefferies, joins the board as the OCC progresses in its transformation efforts

The Financial Stability Board finds that the commodities ecosystem was mainly able to absorb liquidity pressures with minimal disruption. But the system did creak on occasions, such as the LME decision to suspend nickel market trading

The US derivatives market watchdog indicated that it has been working with other financial regulators and impacted parties to understand how the cyber incident occurred and to ensure that other CFTC-regulated derivatives markets are not compromised