OCC – Finadium

OCC, Options Clearing Corporation

To better serve its stakeholders and the users of the U.S. equity options and futures markets, OCC, the world’s largest equity derivatives clearing organization, today announced the Renaissance Initiative, a…

OCC seclending CCP activity up 3.9% in Dec 2018 year over year

January 2, 2019

OCC, Options Clearing Corporation, Securities Lending

OCC’s securities lending CCP activity was up 3.9 percent in new loans from December 2017 with 107,214 transactions last month. For the year, stock loan activity increased 17.2 percent from…

OCC seclending CCP up 4.2% in Nov 2018 year over year

December 3, 2018

OCC, Options Clearing Corporation, Securities Lending

Securities Lending: OCC’s securities lending CCP activity was up 4.2 percent in new loans from November 2017 with 111,814 transactions last month. Year-to-date stock loan activity increased 18.5 percent from…

OCC securities lending CCP volume in Oct 2018 up 25.7% year over year

November 1, 2018

CCP, OCC, Options Clearing Corp, Securities Lending

Securities Lending: OCC’s securities lending CCP activity was up 25.7 percent in new loans from October 2017 with 129,863 transactions last month. Year-to-date stock loan activity increased 20.1 percent from…

OCC securities lending CCP up 6.9% in September 2018 year over year

October 3, 2018

CCP, OCC, Securities Lending

Securities Lending: OCC’s securities lending CCP activity was up 6.9 percent in new loans from September 2017 with 203,694 transactions last month. Year-to-date stock loan activity increased 17.0 percent from…

OCC securities lending up 19% in July 2018 over July 2017

August 1, 2018

OCC, Securities Lending

OCC’s securities lending CCP activity was up 19 percent in new loans from July 2017 with 218,786 transactions last month. Year-to-date stock loan activity increased 22 percent from 2017 with…

US regulators issue statement on the Economic Growth, Regulatory Relief, and Consumer Protection Act

July 6, 2018

Alex Tonhazy

EGRRCPA, FDIC, OCC

On May 24, 2018, the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA) amended provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) as well…

OCC seclending activity up 17% in June yoy

July 3, 2018

News and Notes, Uncategorized

OCC’s securities lending CCP activity was up 17% in new loans from June 2017 with 238,378 transactions last month. Year-to-date stock loan activity increased 22 percent from 2017 with 1,392,596…

Wednesday news roundup: BNPP, Citi, OCC and more (Premium)

June 6, 2018

Custodians, Regulatory, Securities Lending, Technology

BNPP, Citi, Facebook, OCC, topstory, Volcker Rule

Here’s a roundup of some news we haven’t gotten to yet along with our observations. In this edition we cover BNPP Securities Services’s evolution, what’s really different about the new…

OCC seclending activity up 23% year-to-date

June 1, 2018

OCC’s securities lending CCP activity was up 14 percent in new loans from May 2017 with 238,416 transactions last month. Year-to-date stock loan activity increased 23 percent from 2017 with…

FISL London 2018: buy-side debates CCP market share, considers route to cheaper borrow rates

May 10, 2018

CCP, FISL

Eurex, hedge funds, OCC, prime brokers, Securities Lending CCPs, topstory

During a panel discussion at FISL NYC, participants gave a prediction on the future of securities lending. CCPs came out on top as a market infrastructure that will lead the…

OCC seclending activity up 25% in April yoy

May 2, 2018

OCC’s securities lending CCP activity was up 25 percent in new loans from April 2017 with 221,744 transactions last month. Year-to-date stock loan activity increased 26 percent from 2017 with 915,802 new…

Fed and agencies want further CECL changes to account for existing US rules

April 17, 2018

CECL, FDIC, Federal Reserve, OCC

The federal banking agencies (Federal Reserve, FDIC, OCC) proposed a revision to their regulatory capital rules to address and provide an option to phase in the regulatory capital effects of…

Fed and OCC propose rule to tailor ‘enhanced supplementary leverage ratio’ requirements

April 12, 2018

Federal Reserve, GSIBs, OCC, Supplementary Leverage Ratio

The Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) proposed a rule that would further tailor leverage ratio requirements to the business activities and risk…

OCC seclending CCP activity up 13% in March yoy

April 2, 2018

OCC’s securities lending CCP activity was up 13 percent in new loans from March 2017 with 236,202 transactions last month. Year-to-date stock loan activity increased 26 percent from 2017 with…

OCC seclending CCP activity up 39% in February yoy

March 1, 2018

OCC’s securities lending CCP activity was up 39% in new loans from February 2017 with 224,374 transactions last month. Year-to-date stock loan activity is up 34 percent from 2017 with…

OCC seclending CCP activity up 29% in January yoy

February 2, 2018

OCC’s securities lending CCP activity in January was up 29 percent in new loans from last year with 233,482 transactions. The average daily loan value cleared by OCC in January…

OCC seclending activity up 22% from 2016

January 3, 2018

OCC’s securities lending CCP activities saw a 16% increase in new loans from December 2016 with 206,338 transactions last month. Year-to-date stock loan activity was up 22% with 2,335,096 new loan transactions…

OCC seclending activity up 34% in November yoy

December 2, 2017

News and Notes, Uncategorized

OCC’s securities lending CCP activity in November was up 34 percent in new loans from last year with 214,606 transactions. Year-to-date stock loan activity is up 22 percent with 2,128,758…

OCC securities lending activity up 30% in October yoy

November 2, 2017

OCC’s securities lending CCP activity in October 2017 was up 30 percent in new loans from October 2016 with 206,550 transactions last month. Year-to-date stock loan activity is up 21…

OCC seclending activity up 13% in September and 21% YTD

October 3, 2017

OCC’s securities lending CCP activity in September 2017 was up 13 percent in new loans from September 2016 with 190,544 transactions. Year-to-date stock loan activity is up 21 percent from 2016 with…

OCC securities lending CCP activity up 25% in August

September 4, 2017

OCC’s securities lending CCP activity in August 2017 was up 25% in new loans from August 2016 with 200,844 transactions. Year-to-date stock loan activity is up 22% from 2016 with…

OCC securities lending activity up 27% in July

August 1, 2017

News and Notes, Uncategorized

OCC, Options Clearing Corp, Options Clearing Corporation, Securities Lending

OCC’s securities lending CCP activity in July 2017 was up 27 percent in new loans from July 2016 with 183,210 transactions. Year-to-date stock loan activity is up 21 percent from…

OCC sec lending activity up 27% in June 2017

July 5, 2017

OCC, Securities Lending

OCC’s securities lending activity in June 2017 was up 27 percent in new loans with 204,340 transactions. Year-to-date stock loan activity is up 20 percent from 2016 with 1,142,708 new loan transactions.…

OCC seclending volume up 26% in May year over year

June 2, 2017

OCC, Options Clearing Corp, Securities Lending

Securities Lending: OCC’s securities lending CCP activity in May was up 26 percent in new loans from May 2016 with 209,904 transactions last month. Year-to-date stock loan activity is up 19 percent from…

OCC and EquiLend Clearing Services Partner on CCP Securities Lending

May 5, 2017

CCP, Equilend, OCC, Securities Lending

Partnership Extends CCP Access for Securities Lending Market NEW YORK/CHICAGO (May 5, 2017)—OCC (Options Clearing Corporation), the world’s largest equity derivatives clearing organization, and EquiLend Clearing Services (ECS), the global…

OCC seclending CCP up 7% in April 2017 over April 2016

May 1, 2017

CCP, OCC, Options Clearing Corp, Securities Lending

Securities Lending: OCC’s securities lending CCP activity in April 2017 was up seven percent in new loans from April 2016 with 176,734 transactions. Year-to-date stock loan activity is up 17…

OCC Says Implementation of SA-CCR Important For Liquid and Orderly Listed Options Markets

April 25, 2017

OCC, SA-CCR

By John Fennell, OCC Executive Vice President and Chief Risk Officer April 25, 2017 As the agency for all U.S. options exchanges and in our role as a Systemically Important…

OCC files plans to improve seclending CCP post-trade and default management

April 17, 2017

CCP, OCC, Securities Lending

These rule filings will enhance the resiliency of the Stock Loan Program by strengthening the default management process, creating robust balancing and position management procedures and automating internal and external…

OCC seclending CCP volume up 8% over Feb 2016

March 1, 2017

OCC, Options Clearing Corp, Securities Lending

Securities Lending: OCC’s securities lending CCP activity was up eight percent in new loans from February 2016 with 161,782 transactions last month. Year-to-date stock loan activity is up 19 percent…

OCC Securities Lending Activity Up 33 Percent in October and 38 Percent Year-to-Date

November 1, 2016

OCC, Securities Lending

Securities Lending: OCC’s securities lending CCP activity in October 2016 was up 33 percent in new loans from October 2015 with 159,004 transactions last month. Year-to-date stock loan activity is up 38 percent…

OCC Securities Lending CCP Activity Up 39 Percent in June and 45 Percent Year-to-Date

July 5, 2016

CCP, OCC, Options Clearing Corp

Securities Lending: OCC’s securities lending CCP activity in June was up 39 percent in new loans with 161,258 transactions. Year-to-date stock loan activity is up 45 percent from 2015 with…

Bloomberg: EU, U.S. Race to Spare Banks $5 Billion Clearing Capital Hit

May 18, 2016

DTCC, European Commission, OCC, sec

European Union and U.S. financial regulators are racing to agree on a plan to prevent billions of dollars in capital requirements from hitting banks’ trades in stock options and other…

S&P puts OCC on negative watch; OCC responds

May 18, 2016

OCC, S&P

CHICAGO (May 17, 2016) – OCC, the world’s largest equity derivatives clearing organization, today issued the following statement in response to Standard and Poor’s (S&P) announcement that OCC’s credit rating…

US regulators propose NSFR rules

April 27, 2016

FDIC, Federal Reserve, NSFR, OCC, US regulators

The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) are inviting comment on…

More on the SFT stay protocol and the buy-side. Is this Hobson’s Choice?

November 18, 2015

Jonathan Cooper

CCP, Central Counterparties, Derivatives, Dodd-Frank, Europe, Featured, Financial Stability Board, Repo, Risk Management, Securities Lending

CCP, Eurex, FICC, OCC, topstory

The adaptation of the ISDA stay protocol to securities financing trades won’t be welcome news for buy-side participants. Adding a delay before executing a liquidation adds incremental risk, even if it…

Options Clearing Corp seclending volume up 27% in August 2015 over August 2014

September 1, 2015

OCC, Options Clearing Corporation

Securities Lending: OCC’s securities lending CCP activity in August 2015 was up 27 percent in new loans from August 2014 with 119,360 transactions. Year-to-date stock loan activity is up 14…

Options Clearing Corp securities lending CCP activity up 9% from May 2014 and up 11% year-to-date

June 2, 2015

OCC’s securities lending CCP activity in May 2015 was up 9 percent in new loans from May 2014 with 109,626 transactions last month. Year-to-date stock loan activity is up 11…

Options Clearing Corp seclending volume up 16% year over year

May 1, 2015

OCC, Options Clearing Corp

Securities Lending: OCC’s securities lending CCP activity in April 2015 was up 16 percent in new loans from April 2014 with 112,978 transactions last month. Year-to-date stock loan activity is…

Finadium announces June events on clearing for repo and funding; T2S, Collateral and Liquidity

April 29, 2015

CCP, Collateral Management, Europe, Liquidity Management, Repo, US

CCPs, Clearing, Clearstream, collateral management, Finadium, Frankfurt, Global Collateral Ltd, Liquidity, London, Market infrastructure, New York, OCC, Paris, Repo, T2S, topstory

Finadium is pleased to announce four events coming up in June. We’re coming to New York, Frankfurt, London and Paris, with compelling programs on new and innovative topics in securities…

CalPERS revealed as OCC’s liquidity facility source with eSecLending

March 10, 2015

CalPERS, eSecLending, OCC

CHICAGO and BOSTON (March 10, 2015) – The Options Clearing Corporation (OCC) and eSecLending announced today that they collaborated with CalPERS to develop a product to help OCC diversify and…

Options Clearing Corp down in seclending for Feb 2015

March 3, 2015

OCC’s securities lending CCP activity was down 9 percent in new loans from February 2014 with 97,356 transactions last month. Year-to-date stock loan activity is up 4 percent from 2014…

CCP files to creates a committed non-bank liquidity facility (Premium Content)

December 16, 2014

CCP, Central Counterparties, Collateral Management, Liquidity Management, Repo, Risk Management, Systemic Risk

committed liquidity facility, Liquidity, OCC, Repo, topstory

A US CCP has filed a request with the US SEC to create a US$1 billion committed liquidity facility using a bilateral repo transaction with a non-bank counterparty. This is…

OCC securities lending CCP up 10% over Oct 2013

November 4, 2014

Securities Lending: OCC’s securities lending CCP activity was up 10 percent in new loans from October 2013 with 107,000 transactions last month. Year-to-date stock loan activity is down 7 percent from 2013 with…

US regulators approve final risk retention rule for securitized products

October 23, 2014

FDIC, Federal Reserve, OCC

Six federal agencies approved a final rule requiring sponsors of securitization transactions to retain risk in those transactions. The final rule implements the risk retention requirements in the Dodd-Frank Wall…

OCC seclending activity up 16% year over year

October 1, 2014

Securities Lending: OCC’s securities lending CCP activity was up 16 percent in new loans from September 2013 with 101,800 transactions last month. Year-to-date stock loan activity is down 8 percent from 2013 with…

OCC and US Options Exchanges announce new risk controls

October 1, 2014

CHICAGO (September 29, 2014) – OCC and the U.S. options exchanges announced today the adoption of risk control standards that include price reasonability checks, drill-through protections, activity-based protections and kill-switch…

US regulators seek comment on swap margin requirements

September 3, 2014

FDIC, Federal Reserve, OCC

Five federal agencies are seeking comment on a proposed rule to establish margin requirements for swap dealers, major swap participants, security-based swap dealers, and major security-based swap participants as required…

US regulators finalize LCR and Supplementary Leverage Ratio

September 3, 2014

FDIC, Federal Reserve, OCC