On September 27th, the OCC released its Quarterly Report on Bank Trading and Derivatives Activities. The report found that commercial banks reported trading revenue of $6.6 billion in the second quarter of 2010, 28% higher than the second quarter of 2009, but 20% lower than the first quarter of 2010. Net current credit exposure ("NCCE"), the primary metric the OCC uses to measure credit risk in derivatives activities, increased $38 billion, or 11%, to $397 billion this quarter. NCCE peaked at $800 billion at the end of 2008, at the height of the credit crisis, and had declined for five consecutive quarters until the increase this quarter. OCC Press Release.