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 Cleared Contract Volume Increased 20 Percent In November

Securities lending activity up 35 percent in November and 38 percent year-to-date
Highest November ever for options volume and third highest month ever for cleared futures volume

CHICAGO (December 1, 2016) – OCC, the world's largest equity derivatives clearing organization, announced today that cleared contract volume in November was up 20 percent from November 2015 with 393,515,089 contracts, making it the highest November ever for options volume on record. Average daily volume at OCC is down one percent in 2016 with 16,582,994 contracts. OCC cleared futures volume was up 109 percent in November with 10,313,172 contracts, making it the third highest month ever for cleared futures volume at OCC. OCC's stock loan program reported strong volume numbers up 35 percent in November and year-to-date activity up 38 percent from 2015.

Options: Exchange-listed options volume reached 383,201,917 contracts in November, a 19 percent increase from last November. Year-to-date average daily options volume is down two percent from 2015 with 16,172,011 contracts.

Equity options volume last month was 339,977,187 contracts, a 16 percent increase from November 2015. This includes cleared ETF options volume of 163,480,195 contracts last month, an increase of 55 percent from November 2015 volume of 105,817,976 contracts. Index options volume in November was up 47 percent with 43,224,730 contracts.

Futures: Cleared futures volume at OCC in November was 10,313,172 contracts, a 109 percent increase from November 2015. OCC's year-to-date average daily cleared futures volume is up 58 percent with 410,983 contracts.

Securities Lending: OCC's securities lending CCP activity in November was up 35 percent in new loans from last year with 160,540 transactions. Year-to-date stock loan activity is up 38 percent with 1,741,274 new loan transactions in 2016. The average daily loan value cleared by OCC in November was $145,066,479.966.

For 2016 monthly exchange market share information, click here.

OCC CLEARED CONTRACT VOLUME NOVEMBER 2016
 
Nov 2016 Total Contract Volume
Nov 2015 Total Contract Volume
Nov Total Contract % Change vs. 2015
YTD. Avg. Daily Contract 2016
YTD. Avg. Daily Contract 2015
Avg. Daily Contract % Change vs. YTD 2015
Equity Options
339,977,187
293,853,931
15.7%
14,440,418
14,878,334
-2.94%
Index Options
43,224,730
29,481,735
46.6%
1,731,593
1,664,341
4.04%
Total Options
383,201,917
323,335,666
18.5%
16,172,011
16,542,674
-2.24%
Total Futures
10,313,172
4,937,264
109%
410,983
260,394
57.8%
Total Volume
393,515,089
328,272,930
19.9%
16,582,994
16,803,068
-1.31%

About OCC

OCC is the world's largest equity derivatives clearing organization and the foundation for secure markets. Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. Named 2016 Clearinghouse of the Year by Global Investor/ISF Magazine, OCC now provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms for options, financial futures, security futures, and securities lending transactions. More information about OCC is available at www.theocc.com.