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OCC February Volume Down 25.9 Percent After Strong 2018

March 01, 2019
Chicago -

OCC, the world's largest equity derivatives clearing organization, announced today that total cleared contract volume in February reached 354,013,604 contracts. This was a decline of 25.9 percent compared to last February, which was the fifth-highest volume month in OCC's history. OCC's year-to-date average daily cleared contract volume is 19,415,614, down 18.9 percent compared to 2018's record-breaking pace.

Options: Overall exchange-listed options volume reached 349,117,021 contracts in February, down 24.9 percent from 464,869,500 in 2018. Equity options vvolume reached a total of 316,391,081 contracts, a 20.5 percent decrease from February 2018. This includes cleared ETF options volume of 119,258,683 contracts last month, a 39.9 percent decrease compared to February 2018 volume of 198,333,703 contracts. Index options volume was down 51.1 percent with 32,725,940 contracts in February, with a year-to-date average daily volume of 1,844,448 contracts.

Futures: Futures cleared by OCC reached 4,896,583 contracts in February, down 61.5 percent from February 2018. OCC's year-to-date average daily cleared futures volume is 280,814 contracts, 54.4 percent less than 2018.

Securities Lending: OCC's securities lending CCP activity was down 5.5 percent in new loans from February 2018 with 105,993 transactions last month. Year-to-date stock loan activity decreased 3.5 percent from 2018 with 220,933 new loan transactions in 2019. The average daily loan value at OCC in February was $69,881,482,507.62.

For 2019 monthly exchange market share information, click here.

 

February 2019 Total Contract Volume

February 2018 Total Contract Volume

February Total Contract % Change vs. 2018

YTD Avg. Daily Contract 2019

YTD Avg. Daily Contract 2018

2019 Avg. Daily Contract % Change vs. 2018

Equity Options

316,391,081

398,009,570

-20.5%

17,290,351

20,241,493

-14.6%

ETF Options

119,258,683

198,333,703

-39.9%

6,930,223

9,289,566

-25.4%

Index Options

32,725,940

66,859,930

-51.1%

1,844,448

3,077,864

-40.1%

Total Options

349,117,021

464,869,500

-24.9%

19,134,799

23,319,357

-17.9%

Total Futures

4,896,583

12,717,855

-61.5%

280,814

615,639

-54.4%

Total Volume

354,013,604

477,587,355

-25.9%

19,415,614

23,934,996

-18.9%

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]).