OCC: 2015 Trading Revenue Holds Steady

Commercial banks reported total trading revenue of $22.8 billion in 2015, about the same as the year before, according to the OCC’s Quarterly Report on Bank Trading and Derivatives Activities released today. Fourth-quarter revenue was $4.3 billion, down 20 percent from the previous quarter, although the end-of-year decline reflects a persistent seasonal trend.

The net current credit exposure dropped by $49.7 billion, or 11.2 percent, in the fourth quarter, the report said. The notional amount of derivatives banks held fell by 5.8 percent to $181 trillion.