OCC Sees 26% Increase in New Loans From October

OCC’s securities lending CCP activities saw a 26% increase in new loans from October 2012 with 97,472 transactions last month.

Year-to-date stock loan activity is up 28% from 2012 with 1,054,624 new loan transactions in 2013. The average daily loan value at OCC in October was $70,720,228,408, marking the highest average notional value to date.

OCC’s cleared contract volume in October reached 407,220,455 contracts, representing a 24% increase from the October 2012 volume of 327,576,945 contracts. This marks the first time since August 2011 that cleared contract volume hit 400 million contracts in a single month and the fourth time in history. OCC’s year-to-date total cleared contract volume is up 4% from 2012 with 3,526,716,786 contracts.