OCC Cleared Volume Drops by Nearly Half, While Stock Loan Activity Doubles

Cleared contract volume at OCC declined by 43% in August over the record month in August 2011, when volume nearly doubled year-on-year in the midst of a chaotic market tumble.
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Cleared contract volume at OCC declined by 43% in August over the record month in August 2011, when volume nearly doubled year-on-year in the midst of a chaotic market tumble.

Total volumes at OCC are down 13% so far this year compared to the same period in 2011, but it remains on track to be the second-busiest year for the worlds largest equity derivatives clearing house.

Options and futures clearing both declined significantly in August, respectively by 43% and 41% from August 2011s figures.

Meanwhile, securities lending CCP activities jumped 50% over August 2011. Stock loan activity year to date is up 26% over 2011, with the daily loan value at OCC last month averaging nearly $33 billion.

(CG)

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