OCC’s sec lending sees bumper April 03 May 2016Chicago Reporter: Drew Nicol
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Options Clearing Corporation (OCC) cleared almost double the number of new loans in April than it did in the same month last year.
Íø±¬³Ô¹Ï lending activity was also up 44 percent between January and April, compared to the same period in 2015, with 620,166 new loan transactions recorded.
Last month, OCC saw a 46 percent rise in volume over April 2015, recording 165,000 transactions.
The average daily loan value cleared by OCC was $133.8 billion in April.
Exchange-listed options volume also grew by a modest 1 percent over April 2015, with over 331.8 million contracts recorded.
Daily options volume between January and April was up 4 percent from 2015, with just over 16.7 million contracts.
OCC’s cleared futures jumped a massive 94 percent from the same time in 2015 and January to April’s figures also saw a 62 percent growth from the previous year.
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