On March 17th, the OCC released its 2010 fourth quarter Report on Bank Trading and Derivatives Activities. Commercial banks reported trading revenue of $3.5 billion in the fourth quarter of 2010, 80 percent higher than the fourth quarter of 2009 and 17 percent lower than the third quarter of 2010. For the full year of 2010, trading revenues totaled $22.5 billion, nearly matching the record $22.6 billion in 2009. Net current credit exposure ("NCCE"), the primary metric the OCC uses to measure credit risk in derivatives activities, declined $65 billion, or 15 percent, to $375 billion this quarter. NCCE has fallen 53 percent from its peak of $800 billion at the height of the credit crisis. OCC Press Release.