OCC liquidity risk doubles to all-time high in Q2

Concentration of activity around June expiration responsible for record rise

The estimated largest payment obligation Options Clearing Corporation (OCC) could have faced had a single member and its affiliates defaulted hit an all-time high in the second quarter.

Liquidity risk as measured by this metric was $12 billion as of the end of June – more than double the $5.84 billion recorded three months prior.

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