The Office of the Comptroller of the Currency said Friday that banks reported $5.2 billion of second-quarter trading revenue, down from a record $9.8 billion in the first quarter. The agency cited a seasonal decline in trading, and said the revenue was still the sixth strongest since the OCC began tracking such data.

The OCC's quarterly derivative report found that the net current credit exposure, the primary gauge of credit risk in derivatives, fell by 20%, to $555 billion.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.