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OCC Cleared Contract Volume Up 11 Percent in June

Second Highest June for Options Volume and Highest Month Ever for Futures Volume
Securities Lending CCP Activity Up 39 Percent in June and 45 Percent Year-to-Date

CHICAGO (July 5, 2016) – OCC, the world's largest equity derivatives clearing organization, announced today that cleared contract volume in June reached 378,908,938 contracts, an 11 percent increase from the June 2015 volume of 340,826,276 contracts, marking the second highest June for OCC cleared options contracts. OCC's year-to-date average daily cleared contract volume is up five percent from 2015 with 16,820,655 contracts. Cleared futures volume reached 11,350,745 contracts, making June the highest month ever for OCC cleared futures volume.

"OCC has seen increased clearance and settlement activity in our core equity options clearing business attributable to recently elevated levels of equity market volatility," said Craig Donohue, OCC Executive Chairman. "We also continue to experience strong growth in our futures and stock loan clearing businesses. As the foundation for secure markets, OCC is committed to providing industry-leading clearance, settlement and risk management services while fostering the continued growth of our business."

Options: Exchange-listed options volume reached 367,558,193 contracts in June, a 10 percent increase from June 2015 volume and the second highest June for OCC cleared options volume. Year-to-date average daily options volume is up four percent with 16,433,899 contracts.

Equity options volume in June was 322,284,845 contracts, an eight percent increase from June 2015. This includes cleared ETF options volume of 165,801,003 contracts last month, a 30 percent increase over June 2015 volume of 127,861,016 contracts. Index options volume in June was up 26 percent with 45,273,348 contracts.

Futures: OCC cleared futures volume in June reached 11,350,745 contracts, a 79 percent increase from June 2015 and the highest month ever for OCC cleared futures volume. OCC's year-to-date average daily cleared futures volume is up 68 percent with 386,756 contracts in 2016.

Securities Lending: OCC's securities lending CCP activity in June was up 39 percent in new loans with 161,258 transactions. Year-to-date stock loan activity is up 45 percent from 2015 with 948,478 new loan transactions. The average daily loan value cleared by OCC in June was $145,349,491,167.

For 2016 monthly exchange market share information, click here.

 
June 2016 Total Contract Volume
June 2015 Total Contract Volume
June Total Contract % Change vs. 2015
YTD. Avg. Daily Contract 2016
YTD. Avg. Daily Contract 2015
YTD Avg. Daily Contract % Change vs. YTD 2015
Equity Options
322,284,845
298,418,532
8.00%
14,669,081
14,341,347
2.29%
Index Options
45,273,348
36,051,612
25.6%
1,764,818
1,457,292
21.1%
Total Options
367,558,193
334,470,144
9.90%
16,433,899
15,798,639
4.02%
Total Futures
11,350,745
6,356,132
78.6%
386,756
229,819
68.3%
Total Volume
378,908,938
340,826,276
11.2%
16,820,655
16,028,458
4.94%

About OCC

OCC is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) as a Registered Clearing Agency, and the U.S. 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 futures, security futures, and securities lending transactions. More information about OCC is available at www.theocc.com.