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OCC July 2020 Total Volume Up 52.5 Percent from a Year Ago

Third-Highest Month on Record; Highest July Ever

August 03, 2020
Chicago -

CORRECTION: Fourth paragraph, second sentence of release should read: Securities lending CCP activity increased by 2.8 percent in new loans from July 2019 with 117,997 transactions last month (instead of Securities lending CCP activity decreased by 85 percent in new loans from July 2019 with 117,997 transactions last month).

The corrected release reads:

OCC, the world’s largest equity derivatives clearing organization, announced today that July 2020 total cleared contract volume was 615,199,883 contracts – the third highest month on record and up 52.5 percent from July 2019. Year-to-date average daily cleared contract volume through July was 28,342,356 contracts, up 46.4 percent from July 2019.

Options: Total exchange-listed options cleared contract volume was 611,687,520, up 54.1 percent from 396,842,810 contracts in July 2019. Equity options volume was 582,318,225 contracts, up 62.8 percent from July 2019. This includes ETF option cleared contract volume of 206,587,869, a 60.5 percent increase compared to July 2019. Index options volume was 29,369,295, a 25.1 percent decrease from July 2019.

Futures: Futures cleared contract volume was 3,512,363, a 47.1 percent decrease from July 2019.  OCC's year-to-date average daily cleared futures volume is 261,447 contracts.

Securities Lending: The average daily loan value at OCC in July 2020 was $65,959,824,819, a 9.7 percent decrease compared to July 2019. Securities lending CCP activity increased by 2.8 percent in new loans from July 2019 with 117,997 transactions last month.

For 2020 monthly exchange market share information, click here.

 

July 2020 Total Contract Volume

July 2019 Total Contract Volume

July Total Contract % Change vs 2019

YTD Avg Daily Contract 2020

YTD Avg Daily Contract 2019

  % Change  vs 2019

Equity Options

582,318,225

357,634,292

62.8%

26,063,762

17,167,358

51.8%

Index Options

29,369,295

39,208,518

-25.1%

2,017,148

1,886,366

6.9%

Total Options

611,687,520

396,842,810

54.1%

28,080,910

19,053,724

47.4%

Futures

3,512,363

6,641,028

-47.1%

261,447

304,897

-14.3%

Total Volume

615,199,883

403,483,838

52.5%

28,342,356

19,358,621

46.4%

About OCC
OCC is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) as a registered clearing agency and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. Named 2020 Best Clearing House – Equities by Markets Media for the third consecutive year, OCC now provides central counterparty (CCP) clearing and settlement services to 20 exchanges and trading platforms for options, financial futures, security futures, and securities lending transactions. More information about OCC is available at www.theocc.com.

Media Contact:
Michael Shore
312-322-1150
[email protected]

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]).