Íø±¬³Ô¹Ï

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
≔ Menu
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. OCC average daily loan value up 9.39% for 2023
Industry news

OCC average daily loan value up 9.39% for 2023


04 January 2024 US
Reporter: Carmella Haswell

Generic business image for news article
Image: sulit.photos/stock.adobe.com
The Options Clearing Corporation (OCC) has recorded a 9.39 per cent year-on-year increase in average daily loan value for securities lending trades, generating US$137.3 billion for 2023.

The end of year performance was supported by a 31.4 per cent YoY rise in average daily loan value for securities lending trades in December, which generated US$161.6 billion.

Total securities lending transactions cleared on the OCC platform in 2023 was up 5.8 per cent YoY to 2,453,288.

Total volume for all futures and options cleared through the equity derivatives clearing organisation increased 7.1 per cent YoY to 11.1 billion contracts for 2023.

OCC experienced a 33.1 per cent YoY hike in index options contracts for the year to 959.8 million and a 1.3 per cent YoY rise in cleared futures contracts to 55.8 million.

ETF options contracts cleared on OCC have risen by 11.6 per cent YoY for 2023 to 4.4 billion. Equity options volumes were up 0.5 per cent YoY to 5.6 billion for 2023.
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 Íø±¬³Ô¹Ï Finance Times
Advertisement
Subscribe today
Knowledge base

Companies in this article
→ OCC

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →