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OCC Cleared Contract Volume Up 8.7 Percent in September

  • Total cleared volume up 18.6 percent year-to-date
  • Equity options volume up 14.3 percent in September and up 21.7 percent year-to-date
  • Securities lending activity up 6.9 percent in September and 17.0 percent year-to-date

CHICAGO (October 1, 2018) – OCC, the world's largest equity derivatives clearing organization, announced today that total cleared contract volume in September reached 365,152,938 contracts, up 8.7 percent compared to September 2017 volume of 335,867,813. OCC's year-to-date average daily cleared contract volume is up 18.6 percent with 20,209,877 contracts compared to 17,038,958 contracts in 2017.

Options: Overall exchange-listed options volume reached 358,572,914 contracts in September, up 10.3 percent from September 2017. Equity options volume reached a total of 322,566,988 contracts, a 14.3 percent increase from September 2017. This includes cleared ETF options volume of 116,971,793 contracts last month, a 4.6 percent decrease compared to September 2017 volume of 122,563,903 contracts. Index options volume was down 16.2 percent with 36,005,926 contracts in September, but year-to-date average daily volume was up 9.1 percent from September 2017.

Futures: Futures cleared by OCC reached 6,580,024 contracts in September, down 38.8 percent from September 2017. OCC's year-to-date average daily cleared futures volume is 407,624 contracts, 28.2 percent less than 2017.

Securities Lending: OCC's securities lending CCP activity was up 6.9 percent in new loans from September 2017 with 203,694 transactions last month. Year-to-date stock loan activity increased 17.0 percent from 2017 with 2,009,474 new loan transactions in 2018. The average daily loan value at OCC in September was $164,819,356,772.

For 2018 monthly exchange market share information, click here.

OCC CLEARED CONTRACT VOLUME SEPTEMBER 2018
 
September 2018 Total Contract Volume
September 2017 Total Contract Volume
September Total Contract % Change vs. 2017
YTD. Avg. Daily Contract 2018
YTD. Avg. Daily Contract 2017
Avg. Daily Contract % Change vs. 2017
Equity Options
322,566,988
282,159,560
14.3%
17,656,820
14,504,785
21.7%
ETF Options
116,971,793
122,563,903
-4.6%
7,443,495
6,416,518
16.0%
Index Options
36,005,926
42,956,829
-16.2%
2,145,433
1,966,798
9.1%
Total Options
358,572,914
325,116,389
10.3%
19,802,253
16,471,583
20.2%
Total Futures
6,580,024
10,751,424
-38.8%
407,624
567,375
-28.2%
Total Volume
365,152,938
335,867,813
8.7%
20,209,877
17,038,958
18.6%

Note: An earlier version of this release had incorrect data for the total options volume year-to-date 2018 for daily contracts and the percentage change. This release has been updated on October 2, 2018 at 12:04 PM CT to reflect that there were 19,802,253 total year-to-date average daily options contracts, a 20.2 percent increase compared to 2017.

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) as a registered clearing agency and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. Named 2018 Best Clearing House by Markets Media, 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.