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OCC Cleared Contract Volume Up Nine Percent in March

  • Futures volume up 68 percent in March, highest month ever
  • Index options volume up 18 percent
  • Securities lending activity up 25 percent in March and 21 percent year-to-date
April 03, 2017
Chicago -

OCC, the world's largest equity derivatives clearing organization, announced today that total cleared contract volume in March reached 386,877,373 contracts, a nine percent increase from March 2016. This was the highest level of options volume cleared in March by OCC in the last five years. OCC's year-to-date volume is down one percent with 1,058,670,212 cleared contracts in the first quarter of 2017, compared to 1,064,617,055 contracts in the first quarter of 2016.

Options: Overall exchange-listed options volume reached 374,481,795 contracts in March, up eight percent from March 2016. Equity options volume reached a total of 329,657,794 contracts, a seven percent increase from March 2016. This includes cleared ETF options volume of 157,358,886 contracts last month, an 11 percent increase over March 2016 volume of 142,234,845 contracts. Index options volume was up 18 percent with 44,824,001 contracts in March.

Futures: Futures cleared by OCC reached its highest volume ever with 12,395,578 contracts in March, up 68 percent from March 2016. OCC's average daily cleared futures volume in the first quarter was 517,722 contracts, 51 percent higher than the first quarter of 2016.

Securities Lending: OCC's securities lending CCP activity was up 25 percent in new loans from March 2016 with 209,324 transactions last month. Year-to-date stock loan activity increased 21 percent from 2016 with 551,730 new loan transactions in the first quarter of 2017. The average daily loan value at OCC in March was $155,305,631,711.

For 2017 monthly exchange market share information, click here.

 
Mar 2017 Total Contract Volume
Mar 2016
Total Contract Volume
Mar Total Contract % Change vs. 2016
YTD. Avg. Daily Contract 2017
YTD. Avg. Daily Contract 2016
Avg. Daily Contract % Change vs. 2016
Equity Options
329,657,794
309,006,428
6.7%
14,606,162
15,279,660
-4.4%
Index Options
44,824,001
38,061,799
17.8%
1,951,442
1,829,493
6.7%
Total Options
374,481,795
347,068,227
7.9%
16,557,604
17,109,153
-3.2%
Total Futures
12,395,578
7,377,772
68.0%
517,722
343,586
50.7%
Total Volume
386,877,373
354,445,999
9.2%
17,075,326
17,452,739
-2.2%

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]).