02 June 2017
Chicago
Reporter: Drew Nicol
Securities lending up in May for OCC
OCC's securities lending central counterparty activity was up 26 percent in new loans in May, compared to the same time last year.

Year-to-date lending activity is up 19 percent from 2016 with 938,368 new loan transactions in 2017.

The average daily loan value cleared by OCC was $157.8 billion in May, with 209,904 transactions recorded.

OCC also saw cleared futures volume set a monthly record in May recording a 61 percent increase on 2016, with 13,483,086 contracts.

Year-to-date average daily cleared futures volume was up 53 percent from 2016 with 548,064 contracts.

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