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OCC Announces Cleared Contract Volume Up 43 Percent in February

  • Securities lending up 39 percent in February and 34 percent year-to-date
  • Index options volume up 70 percent in February and average daily volume up 58 percent year-to-date
  • Cleared futures volume up 27 percent in February and average daily volume up 22 percent year-to-date
March 01, 2018
Chicago -

OCC, the world's largest equity derivatives clearing organization, announced today that total cleared contract volume in February was 477,587,355 contracts, up 43 percent from February 2017 volume of 333,411,251 contracts. OCC's year-to-date average daily cleared contract volume is up 39 percent from 2017 with 23,934,996 contracts.

Options: Overall exchange-listed options volume reached 464,869,500 contracts in February, up 44 percent from February 2017. Equity options volume reached a total of 398,009,570 contracts, a 40 percent increase from February 2017. This includes cleared ETF options volume of 198,333,703 contracts last month, a 15 percent increase over February 2017 cleared volume of 173,248,941 contracts. Index options volume was up 70 percent with 66,859,930 contracts in February.

Year-to-date average daily equity options volume is up 37 percent with 20,241,493 contracts in 2018, while year-to-date average daily index options volume is up 58 percent with 3,077,864 contracts this year.

Futures: OCC cleared futures volume in February was 12,717,855 contracts, a 27 percent increase from February 2017. OCC's year-to-date average daily cleared futures volume is up 22 percent from 2017 with 615,639 contracts.

Securities Lending: OCC's securities lending CCP activity was up 39 percent in new loans from February 2017 with 224,374 transactions last month. Year-to-date stock loan activity is up 34 percent from 2017 with 457,856 new loan transactions in 2018. The average daily loan value cleared by OCC in February was $175,935,224,808.

For 2018 monthly exchange market share information, click here.

OCC CLEARED CONTRACT VOLUME FEBRUARY 2018
 
Feb 2018 Total Contract Volume
Feb 2017 Total Contract Volume
Feb Total Contract % Change vs. 2017
YTD. Avg. Daily Contract 2018
YTD. Avg. Daily Contract 2017
Avg. Daily Contract % Change vs. 2017
Equity Options
398,009,570
284,159,084
40.1%
20,241,493
14,767,289
37.1%
ETF Options
198,333,703
173,248,941
14.5%
9,289,566
8,249,950
12.6%
Index Options
66,859,930
39,247,030
70.4%
3,077,864
1,952,959
57.6%
Total Options
464,869,500
323,406,114
43.8%
23,319,357
16,720,248
39.5%
Total Futures
12,717,855
10,005,137
27.1%
615,639
505,209
21.9%
Total Volume
477,587,355
333,411,251
43.2%
23,934,996
17,225,457
39.0%