Securities Lending: OCC’s securities lending CCP activity was down 17 percent in new loans from June 2013 with 100,658 transactions last month. Year-to-date stock loan activity is down 9 percent from 2013 with 586,380 new loan transactions in 2014. The average daily loan value at OCC in June was $139,132,902,307.
Editor’s note: while the OCC figures are down on the surface of it, the explosive growth in average daily loan volume figures relative to 2012 (US$32 billion in May 2012) cannot be ignored.