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OCC August 2020 Total Volume Up 28.7 Percent from a Year Ago

Third highest month ever for U.S. options industry

September 01, 2020
Chicago -

OCC, the world’s largest equity derivatives clearing organization, announced today that August 2020 total cleared contract volume was 615,972,402 contracts– the third highest month on record and up 28.7 percent from August 2019. This also represents the highest August monthly volume in OCC’s history. Year-to-date average daily cleared contract volume through August was 28,466,064 contracts, up 44.7 percent from August 2019.

Options: Total exchange-listed options cleared contract volume was 611,784,615, up 30.4 percent from 469,284,227 contracts in August 2019. Equity options cleared contract volume was 582,394,732 contracts, up 39.1 percent from August 2019. This includes ETF option cleared contract volume of 189,741,870, a 0.7 percent decrease compared to August 2019. Index options volume was 29,389,883, a 41.8 percent decrease from August 2019.

Futures: Futures cleared contract volume was 4,187,787, a 54.9 percent decrease from August 2019.  OCC's year-to-date average daily cleared futures volume is 253,693 contracts, a 20.8 percent decrease from August 2019.

Securities Lending: The average daily loan value at OCC in August 2020 was $68,733,295,322, a 10.5 percent decrease compared to August 2019. Securities lending CCP activity decreased by 4.3 percent in new loans from August 2019 with 106,592 transactions last month.

For 2020 monthly exchange market share information, click here.

 

August 2020
Total Contract Volume

August 2019
Total Contract Volume

August Total Contract
% Change
vs 2019

YTD Avg Daily Contract
2020

YTD Avg Daily Contract
2019

  % Change vs 2019

Equity Options

582,394,732

418,770,313

39.1%

26,272,427

17,411,932

50.9%

Index Options

29,389,883

50,513,914

-41.8%

1,939,944

1,940,020

-0.01%

Total Options

611,784,615

469,284,227

30.4%

28,212,371

19,351,952

45.8%

Futures

4,187,787

9,277,422

-54.9%

253,693

320,193

-20.8%

Total Volume

615,972,402

478,561,649

28.7%

28,466,064

19,672,145

44.7%

 

Media Contact:
Michael Shore
312-322-1150
mshore@theocc.com

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.

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 (investorservices@theocc.com).