User acknowledges that it has reviewed the User Agreement and the Privacy Policy governing this site, and that continued use constitutes acceptance of the terms and conditions stated therein.

OCC Announces Cleared Contract Volume Increased 23% in October for Second Highest Volume Month on Record

CHICAGO (November 3, 2014) - OCC announced today that total cleared contract volume in October reached 499,598,951 contracts, a 23 percent increase from October 2013. This represents the second highest monthly volume on record behind the August 2011 record volume of 554,842,463 contracts. OCC's year-to-date total cleared contract volume is up 4 percent from 2013 with 3,673,768,194 contracts.

Options: Exchange-listed options volume reached 491,394,154 contracts in October, a 22 percent increase from October 2013. On October 15, total options volume reached 33,501,102 contracts representing the 5th highest volume day on record. Average daily options trading volume last month was 21,364,964 contracts, 22 percent higher than the average daily volume of October 2013. Year-to-date total options volume is up 4 percent from 2013 with 3,615,990,452 cleared contracts.

Futures: OCC cleared 8,204,797 futures contracts in October, a 49 percent increase from October 2013. OCC's average daily cleared futures volume last month was 356,730 contracts, up 49 percent from the average daily of October 2013. OCC's year-to-date total cleared futures volume reached 57,777,742 contracts last month, a 15 percent increase from 2013.

Securities Lending: OCC's securities lending CCP activity was up 10 percent in new loans from October 2013 with 107,000 transactions last month. Year-to-date stock loan activity is down 7 percent from 2013 with 994,740 new loan transactions in 2014. The average daily loan value cleared by OCC in October was $167,463,267,034.

 
Oct 2014 Total Contract Volume
Oct 2013 Total Contract Volume
Oct Total Contract % Change vs. 2013
YTD. Avg. Daily Contract 2014
YTD. Avg. Daily Contract 2013
Avg. Daily Contract % Change vs. 2013
Equity Options
436,855,058
360,729,625
21.10%
15,435,956
14,919,343
3.46%
Index Options
54,539,096
40,996,575
33.03%
1,701,440
1,557,438
9.25%
Debt Options
0
0
n/a
0
1
n/a
Total Options
491,394,154
401,726,200
22.32%
17,137,396
16,476,782
4.01%
Equity Futures
746,100
747,797
-0.23%
41,228
36,545
12.81%
Index / Other Futures
7,458,697
4,746,458
57.14%
232,600
200,971
15.74%
Total Futures
8,204,797
5,494,255
49.33%
273,828
237,516
15.29%
Total Volume
499,598,951
407,220,455
22.69%
17,411,224
16,714,298
4.17%

 

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 16 exchanges and trading platforms for options, financial futures, security futures and securities lending transactions. More information about OCC is available at www.theocc.com.