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September 2022

Quarterly Report on Bank Trading and Derivatives Activities

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This publication is part of:

Collection: Quarterly Report on Bank Trading and Derivatives Activities

Transmittal

NR 2022-112, OCC Reports Second Quarter 2022 Bank Trading Revenue

The Office of the Comptroller of the Currency (OCC) reported cumulative trading revenue of U.S. commercial banks and savings associations of $10.3 billion in the second quarter of 2022. The second quarter trading revenue was $273.0 million, or 2.6 percent, less than in the previous quarter and $2.2 billion, or 26.8 percent, more than in the second quarter of 2021.

In the report,Quarterly Report on Bank Trading and Derivatives Activities, the OCC also reported that as of the second quarter of 2022:

  • a total of 1,258 insured U.S. national and state commercial banks and savings associations held derivatives.
  • four large banks held 88.9 percent of the total banking industry notional amount of derivatives.
  • derivative contracts remained concentrated in interest rate products, which represented 73.3 percent of total derivative notional amounts.
  • the percentage of centrally cleared derivatives transactions decreased quarter-over-quarter to 43.1 percent.

Download the XML file and open it with Excel to view the data as tables.