Third Quarter 2018

Quarterly Report on Bank Trading and Derivatives Activities

In the report, the OCC noted that trading revenue in the third quarter 2018 increased by 1.7 percent compared with the $6.9 billion reported in the third quarter 2017.

The OCC reported:

  • While four large banks held 89.8 percent of the total banking industry notional amount of derivatives, a total of 1,344 insured U.S. commercial banks and savings associations held derivatives at the end of the third quarter 2018.
  • Derivative contracts remained concentrated in interest rate products, which represented 75.7 percent of total derivative notional amounts.
  • The percentage of centrally cleared derivatives transactions increased to 40.7 percent in the third quarter 2018.

Related Data