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OCC Announces Cleared Contract Volume in February Rose 8%

CHICAGO (March 3, 2014) - OCC announced today that total cleared volume in February reached 350,507,077 contracts, an 8 percent increase from the February 2013 volume of 325,237,351 contracts. OCC's year-to-date total cleared contract volume is up 8 percent in 2014 with 746,102,697 contracts.

Options: Exchange-listed options trading volume reached 344,908,034 in February, a 7 percent increase from the February 2013 volume of 320,943,312 contracts. Average daily options trading volume for the month was 18,153,055 contracts, 7 percent higher than February of last year. Year-to-date options trading volume is up 8 percent from 2013 with 734,729,169 contracts.

Futures: OCC cleared futures volume reached 5,599,043 contracts in February, a 30 percent increase from the February 2013 volume of 4,294,039 contracts. OCC cleared an average of 294,686 futures contracts per day last month, a 30 percent increase from February 2013. OCC's year-to-date cleared futures volume is up 38 percent with 11,373,528 contracts in 2014.

Securities Lending: OCC's securities lending CCP activities saw a 2 percent decline in new loans over February 2013 with 88,536 transactions last month. Year-to-date stock loan activity is up 2 percent from 2013 with 194,670 new loan transactions in 2014. The average daily loan value at OCC in February was $90,698,085,343.

 
February 2014 Total Contract Volume
February 2013 Total Contract Volume
Total Contract % Change vs. 2013
YTD. Avg. Daily Contract 2014
YTD. Avg. Daily Contract 2013
Avg. Daily Contract % Change vs. 2013
Equity Options
307,184,466
292,572,720
4.99%
16,470,886
15,495,957
6.29%
Index Options
37,723,568
28,370,492
32.97%
1,897,343
1,554,413
22.06%
Debt Options
0
100
n/a
0
3
n/a
Total Options
344,908,034
320,943,312
7.47%
18,368,229
17,050,374
7.73%
Equity Futures
735,214
755,732
-2.71%
33,721
32,337
4.28%
Index / Other Futures
4,863,815
3,538,307
37.46%
250,617
173,921
44.10%
Total Futures
5,599,043
4,294,039
30.39%
284,338
206,257
37.86%
Total Volume
350,507,077
325,237,351
7.77%
18,652,567
17,256,631
8.09%

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 17 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.