OCC sees 16 percent rise in new loans
02 October 2014 Chicago
Image: Shutterstock
OCC's securities lending central counterparty saw 101,800 transactions last month, with 16 percent in new loans over September 2013.
Year-to-date stock loan activity is down 8 percent from 2013 with 887,740 new loan transactions in 2014.
The average daily loan value at OCC in September was $156,863,064,081.
OCC鈥檚 total cleared contract volume in September reached 371,034,038 contracts, a 15 percent increase from the September 2013 volume of 321,604,328 contracts.
Its average daily cleared volume for the month was 17,668,288 contracts, a 10 percent increase from September 2013.
OCC鈥檚 year-to-date total cleared contract volume is up 2 percent in the first three quarters of 2014 with 3,174,169,243 contracts.
Year-to-date stock loan activity is down 8 percent from 2013 with 887,740 new loan transactions in 2014.
The average daily loan value at OCC in September was $156,863,064,081.
OCC鈥檚 total cleared contract volume in September reached 371,034,038 contracts, a 15 percent increase from the September 2013 volume of 321,604,328 contracts.
Its average daily cleared volume for the month was 17,668,288 contracts, a 10 percent increase from September 2013.
OCC鈥檚 year-to-date total cleared contract volume is up 2 percent in the first three quarters of 2014 with 3,174,169,243 contracts.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
