Anonymous ID: df8c5d Dec. 27, 2019, 4:47 p.m. No.7636221   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>6238

Quarterly Report on Bank Trading and Derivatives Activities-Q3-2019

 

This is a noisy report, usually isโ€ฆ see attached pdf. Overall it's pretty static from Q2 to Q3.

 

The Office of the Comptroller of the Currency (OCC) reported trading revenue of U.S. commercial banks and federal savings associations of $7.2 billion in the third quarter 2019, which was $0.9 billion, or 10.9 percent, less than the previous quarter.

 

In the report, Quarterly Report on Bank Trading and Derivatives Activities, the OCC also noted that trading revenue in the third quarter 2019 increased by 2.0 percent compared with the $7.1 billion reported in the third quarter 2018.

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Notational Value Summary from Q2 to Q3

 

JPM Morgan, Citigroup, Goldman Sachs, Bank of America, decreased

Wells Fargo, HSBC, State Street, Bank of NY Mellon, US Bank increased

After those the asset vs derivative exposure drops off. It's the top 10 or so that hold the most with the top four the habitual offenders.

________

 

The OCC reported:

 

  • While four large banks held 87.2 percent of the total banking industry notional amount of derivatives, a total of 1,334 insured U.S. commercial banks and savings associations held derivatives at the end of the third quarter 2019.

See page 36 of attached

  • Derivative contracts remained concentrated in interest rate products, which represented 73.1 percent of total derivative notional amounts.

* The percentage of centrally cleared derivatives transactions increased quarter-over-quarter to 43.0 percent in the third quarter 2019.

steadily rising all year.

https://www.occ.treas.gov/publications-and-resources/publications/quarterly-report-on-bank-trading-and-derivatives-activities/index-quarterly-report-on-bank-trading-and-derivatives-activities.html

 

The overall amounts are fairly stable. Not like the huge jump from Q4-2018 to Q1-2019.

 

this came out while away and did not look until now.