03 October 2017
Reporter: Jenna Lomax

OCC win streak continues

OCC's securities lending central counterparty (CCP) activity was up 13 percent in new loans in September compared to the same time last year.

Since September 2016, the OCC oversaw 190,544 securities lending transactions.

Year-to-date securities lending activity was up 21 percent from 2016 with 1.7 million new loan transactions.

The average daily loan value cleared by OCC last month was valued at $146.7 billion.

The equity derivatives clearinghouse’s securities lending CCP activity was also up 25 percent in new loans year-on-year back in August of this year.

OCC’s cleared futures volume reached over 10 million contracts in September, which meant a 1 percent increase from 2016.

The Chicago-based equity clearinghouse also reported that cleared futures volume saw a 42 percent year-to-date increase from this September 2016.

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