Íø±¬³Ô¹Ï lending up for OCC in April 02 May 2017 Chicago Reporter: Drew Nicol
Image: Shutterstock
Chicago-based clearinghouse OCC chalked up a 7 percent year-over-year increase in new loans through its central counterparty (CCP) in April.
Year-to-date lending activity was up 17 percent from 2016 with 728,464 new loan transactions.
The average daily loan value was $151.6 billion last month.
Cleared futures volume in April saw a 42 percent increase from 2016, representing 10.9 million contracts.
OCC's year-to-date average daily cleared futures volume was up 52 percent with 530,463 contracts for the month.
Equity options volume was also up 10 percent last month with 269.57 million contracts, including cleared exchange-traded funds options volume of 129.37 million contracts in April.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
Image: Shutterstock 