New securities lending activity at the OCC rose 38% in November in comparison to the same month in 2011, according to the US clearinghouse’s monthly report.
Year-to-date securities lending is also up on the previous year. Activity is up 27% from 2011 and the average daily loan value at the OCC in November was $30.4bn.
The clearinghouse also saw a significant rise in clearing of futures. The OCC cleared 67% more futures in November in comparison to the previous year. Equity futures were up 35% while index and other futures increased 73%. However, year-to-date volume of cleared futures is down 7%.
The OCC continued to see a fall in options where exchange-listed options and equity options fell 3% and 4% respectively. Year-to-date total options volume is down 13% in comparison to 2011.