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OCC Cleared Contract Volume Down 3% in September

October 01, 2015
Chicago -

OCC, the world's largest equity derivatives clearing organization, announced today that cleared contract volume in September was 361,537,608 contracts, off 3 percent from September 2014 volume of 371,034,038 contracts. OCC's year-to-date average daily cleared contract volume dropped slightly by 0.17 percent from 2014 with 16,855,238 contracts in 2015.

"With lower levels of volatility, options trading volume decreased in September vs August, which is consistent with lower volumes in the underlying securities markets and index futures" said Scot Warren, OCC Executive Vice President of Business Development and The Options Industry Council. "While options were lower versus the prior year, the industry reception and support for our stock loan program provides new opportunities for OCC to serve the industry."

Options: Exchange-listed options volume reached 354,782,668 contracts in September, down 3 percent from September 2014 volume of 365,917,341 contracts. Year-to-date average daily options volume is down 0.17 percent from 2014 with 16,592,220 contracts in 2015.

Equity options volume in September was 311,951,747 contracts, a 6 percent decrease from September 2014. Index options volume in September was up 33 percent from September 2014 with 42,830,921 contracts.

Futures: OCC cleared futures volume in September reached 6,754,940 contracts, a 32 percent increase from the September 2014 volume of 5,116,697 contracts. OCC's year-to-date average daily cleared futures volume is down 0.25 percent from 2014 with 263,018 contracts in 2015.

Securities Lending: OCC's securities lending CCP activity in September 2015 was up 29 percent in new loans from September 2014 with 130,968 transactions. Year-to-date stock loan activity is up 15 percent from 2014 with 1,022,460 new loan transactions in 2015. The average daily loan value cleared by OCC in September was $193,462,660,285.

OCC CLEARED CONTRACT VOLUME SEPTEMBER 2015

 
September 2015 Total Contract Volume
September 2014 Total Contract Volume
September Total Contract % Change vs. 2014
YTD. Avg. Daily Contract 2015
YTD. Avg. Daily Contract 2014
Avg. Daily Contract % Change vs. 2014
Equity Options
311,951,747
333,614,334
-6.5%
14,915,132
15,000,700
-0.6%
Index Options
42,830,921
32,303,007
32.6%
1,677,089
1,619,493
3.6%
Total Options
354,782,668
365,917,341
-3.0%
16,592,221
16,620,193
-0.2%
Total Futures
6,754,940
5,116,697
32.0%
263,018
263,686
-0.3%
Total Volume
361,537,608
371,034,038
-2.6%
16,855,239
16,883,879
-0.2%

This web site discusses exchange-traded options issued by The Options Clearing Corporation. No statement in this web site is to be construed as an endorsement, recommendation or solicitation to purchase or sell a security, or to provide investment advice. Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of the disclosure document, Characteristics and Risks of Standardized Options. Individuals should not enter into option transactions until they have read and understood this document. To obtain copies, contact your broker, any exchange on which options are traded, or The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606 ([email protected]).