Tariff whiplash fuels clearing volumes at major CCPs
Record OCC volumes and strong gains at CME and Eurex mark April’s tariff-driven trading spike
Clearing volumes at several major central counterparties (CCPs) ballooned in April as the tariff-induced market turbulence swept across asset classes, triggering a sharp rise in trading activity.
The Options Clearing Corporation (OCC) reported a record daily total of 102.6 million cleared contracts on April 4, the busiest single day on record for the CCP. For the full month, OCC cleared a total of
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