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OCC Cleared Contract Volume Up 20 Percent in October

Securities lending activity up 30 percent in October and 21 percent year-to-date
Cleared futures volume up 18 percent in October and 38 percent year-to-date
Index options volume up 46 percent in October and 16 percent year-to-date

CHICAGO (November 1, 2017) – OCC, the world's largest equity derivatives clearing organization, announced today that cleared contract volume in October was 381,467,272 contracts, a 20 percent increase from October 2016 monthly volume of 318,439,491 contracts. Average daily volume at OCC is up four percent year-to-date in 2017 with 17,070,435 contracts. OCC's stock loan program reported that securities lending activity was up 30 percent in October and 21 percent year-to-date.

Options: Exchange-listed options volume reached 371,038,407 contracts in October, a 20 percent increase from October 2016. Year-to-date average daily options volume is up three percent from 2016 with 16,512,838 contracts.

Equity options volume last month was 326,672,894 contracts, a 17 percent increase from October 2016. This includes cleared ETF options volume of 125,932,951 contracts last month, up five percent from October 2016 volume of 120,263,018 contracts. Index options volume in October was up 46 percent from last year with 44,365,513 contracts.

Futures: Cleared futures volume at OCC in October was 10,428,865 contracts, an 18 percent increase from October 2016. OCC's year-to-date average daily cleared futures volume is up 38 percent with 557,597 contracts.

Securities Lending: OCC's securities lending CCP activity in October 2017 was up 30 percent in new loans from October 2016 with 206,550 transactions last month. Year-to-date stock loan activity is up 21 percent from 2016 with 1,914,152 new loan transactions in 2017. The average daily loan value cleared by OCC in October was $144,281,672,085.

For 2017 monthly exchange market share information, click here.

OCC CLEARED CONTRACT VOLUME OCTOBER 2017
 
October 2017 Total Contract Volume
October 2016 Total Contract Volume
October Total Contract % Change vs. 2016
YTD. Avg. Daily Contract 2017
YTD. Avg. Daily Contract 2016
Avg. Daily Contract % Change vs. 2016
Equity Options
326,672,894
279,141,501
17.0%
14,540,821
14,265,521
1.93%
ETF Options
125,932,951
120,263,018
4.71%
6,343,992
6,447,565
-1.61%
Index Options
44,365,513
30,473,214
45.6%
1,972,017
1,698,921
16.1%
Total Options
371,038,407
309,614,715
19.8%
16,512,838
15,964,442
3.44%
Total Futures
10,428,865
8,824,776
18.2%
557,597
402,970
38.4%
Total Volume
381,467,272
318,439,491
19.8%
17,070,435
16,367,412
4.30%

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 - The Americas by FOW Magazine and 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.