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OCC Cleared Contract Volume Declined 6% in November While Year-to-Date Volume is Up 3%

CHICAGO (December 2, 2013) - OCC announced today that cleared contract volume in November reached 318,233,056 contracts, a 6 percent decrease from the November 2012 volume of 339,206,527 contracts. Despite this monthly volume decline, OCC reported a year-to-date increase in options, futures and securities lending activity. OCC's year-to-date total cleared contract volume reached 3,844,949,842 contracts in November, up 3 percent from 2012.

Options: Exchange-listed options volume in November was 314,465,376 contracts, a 6 percent decrease from November 2012. Average daily options volume this year stands at 16,411,543 contracts, up 2 percent from 2012. Year-to-date total options trading volume is up 3 percent from 2012 with 3,791,066,303 contracts.

Futures: Futures cleared by OCC reached 3,767,680 contracts in November, a 2 percent increase from November 2012. OCC's year-to-date average daily cleared futures volume is up 59 percent from 2012 with 233,262 contracts. OCC's year-to-date total cleared futures volume is up 60 percent with 53,883,539 contracts in 2013.

Securities Lending: OCC's securities lending CCP activities saw an 18 percent increase in new loans from November 2012 with 85,810 transactions last month. Year-to-date stock loan activity is up 27 percent from 2012 with 1,140,434 new loan transactions in 2013. The average daily loan value at OCC in November was 76,701,389,064, marking the highest average notional value to date.

 
November 2013 Total Contract Volume
November 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
287,887,380
304,256,176
-5.38%
14,873,891
14,766,645
0.73%
Index Options
26,577,996
31,271,297
-15.01%
1,537,651
1,282,672
19.88%
Debt Options
0
0
n/a
1
0
n/a
Total Options
314,465,376
335,527,473
-6.28%
16,411,543
16,049,317
2.26%
Equity Futures
629,935
481,724
30.77%
36,108
22,351
61.55%
Index / Other Futures
3,137,745
3,197,330
-1.86%
197,154
123,919
59.10%
Total Futures
3,767,680
3,679,054
2.41%
233,262
146,270
59.47%
Total Volume
318,233,056
339,206,527
-6.18%
16,644,805
16,195,586
2.77%

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.