The Options Clearing Corporation (OCC), the world’s largest equity derivatives clearing house, reported a 24% – $4.3 billion – increase in liquid resources for meeting payment obligations at the end of the first quarter, in response to higher minimum clearing fund requirements implemented in March this year.
The firm’s qualifying liquid resources, consisting of cash, securities, and credit lines with banks, totalled $22.2 billion at the end of March, up from $17.9 billion at the end of
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