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OCC Announces Cleared Contract Volume Rose 24% in October Reaching 400 Million Contracts

CHICAGO (November 1, 2013) - OCC announced today that cleared contract volume in October reached 407,220,455 contracts, representing a 24 percent increase from the October 2012 volume of 327,576,945 contracts. This marks the first time since August 2011 that cleared contract volume hit 400 million contracts in a single month and the fourth time in history. OCC's year-to-date total cleared contract volume is up 4 percent from 2012 with 3,526,716,786 contracts.

Options: Exchange-listed options trading volume reached 401,726,200 contracts in October, a 24 percent increase from the 324,329,913 contracts traded in October 2012. Average daily options volume in 2013 is 16,476,782 contracts, 3 percent higher than the same time last year. Year-to-date total options trading volume is up 4 percent with 3,476,600,927 contracts in 2013.

Futures: OCC cleared 5,494,255 futures contracts in October, a 69 percent increase from October 2012. OCC's average daily cleared futures volume is up 66 percent from 2012 with 237,516 contracts. OCC's year-to-date total cleared futures volume is up 67 percent from 2012 with 50,115,859 contracts.

Securities Lending: OCC's securities lending CCP activities saw a 26 percent increase in new loans from October 2012 with 97,472 transactions last month. Year-to-date stock loan activity is up 28 percent from 2012 with 1,054,624 new loan transactions in 2013. The average daily loan value at OCC in October was $70,720,228,408, marking the highest average notional value to date.

 
October 2013 Total Contract Volume
October 2012 Total Contract Volume
Total Contract % Change vs. 2012
YTD. Avg. Daily Contract 2013
YTD. Avg. Daily Contract 2012
Avg. Daily Contract % Change vs. 2012
Equity Options
360,729,625
297,991,460
21.05%
14,919,343
14,794,604
0.84%
Index Options
40,996,575
26,338,453
55.65%
1,557,438
1,261,929
23.42%
Debt Options
0
0
n/a
1
0
n/a
Total Options
401,726,200
324,329,913
23.86%
16,476,782
16,056,533
2.62%
Equity Futures
747,797
424,573
76.13%
36,545
22,292
63.94%
Index / Other Futures
4,746,458
2,822,459
68.17%
200,971
121,072
65.99%
Total Futures
5,494,255
3,247,032
69.21%
237,516
143,363
65.67%
Total Volume
407,220,455
327,576,945
24.31%
16,714,298
16,199,896
3.18%

About OCC

OCC is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the Securities and Exchange Commission (SEC) as a Registered Clearing Agency and the Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. OCC now provides central counterparty (CCP) clearing and settlement services to 18 exchanges and trading platforms for options, financial and commodity futures, security futures and securities lending transactions. More information about OCC is available at www.theocc.com.