OCC: Bank Trading Revenues Increased in Q2

Commercial banks reported total trading revenue of $6.9 billion in the second quarter of 2016, up from $5.8 billion in the previous quarter, according to the OCC’s Quarterly Report on Bank Trading and Derivatives Activities released today. Trading revenue increased 19.5 percent from the first quarter of 2016, and 25 percent from a year ago.

The net current credit exposure increased $45.7 billion, or 9.9 percent in the second quarter, the report said. The notional amount of derivatives held by banks decreased by $3.1 trillion to total $189.8 trillion.