04 December 2017
Reporter: Drew Nicol

OCC secures securities lending gains in November

OCC's securities lending central counterparty (CCP) activity was up 34 percent in new loans in November from last year with 214,606 transactions.

January to November securities lending activity was up 22 percent with 2.1 million new loan transactions, compared to 2016.

The average daily loan value cleared by OCC in November was $150.96 billion.

Cleared futures volume up 6 percent last month, with 10.8 million transactions, compared to the same period in 2016.

OCC’s year-to-date average daily cleared futures volume was up 35 percent with 554,036 contracts.

OCC has secured consistent growth for its CCP throughout 2017, outdoing its 2016 monthly figures every month so far this year.

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