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OCC Cleared Contract Volume Down Seven Percent in March

April 01, 2019
Chicago -

OCC, the world's largest equity derivatives clearing organization, announced today that total cleared contract volume in March reached 411,838,353 contracts, a 7.0 percent decline compared to last March. OCC's year-to-date average daily cleared contract volume is 19,482,998, down 15.1 percent compared to 2018's record-breaking pace.

Options: Overall exchange-listed options volume reached 405,356,124 contracts in March, down 6.6 percent from 434,032,307 in 2018. Equity options volume reached a total of 365,585,219 contracts, a 4.9 percent decrease from March 2018. This includes cleared ETF options volume of 148,462,660 contracts last month, an 18.2 percent decrease compared to the March 2018 volume of 181,592,017 contracts. Index options volume was down 19.5 percent with 39,770,905 contracts in March, with year-to-date average daily volume of 1,861,456 contracts.

Futures: Futures cleared by OCC reached 6,482,229 contracts in March, down 27.3 percent from March 2018. OCC's year-to-date average daily cleared futures volume is 290,407 contracts, 47.2 percent less than 2018.

Securities Lending: OCC's securities lending CCP activity was down 0.5 percent in new loans from March 2018 with 117,521 transactions last month. Year-to-date stock loan activity decreased 2.5 percent from 2018 with 338,454 new loan transactions in 2019. The average daily loan value at OCC in March was $74,657,357,175.96.

For 2019 monthly exchange market share information, click here.

 

March 2019 Total Contract Volume

March 2018 Total Contract Volume

March Total Contract % Change vs. 2018

YTD Avg. Daily Contract 2019

YTD Avg. Daily Contract 2018

2019 Avg. Daily Contract % Change vs. 2018

Equity Options

365,585,219

384,613,937

-4.9%

17,331,135

19,578,256

-11.5%

ETF Options

148,462,660

181,592,017

-18.2%

6,978,223

9,068,437

-23.0%

Index Options

39,770,905

49,418,3706

-19.5%

1,861,456

2,828,409

-34.2%

Total Options

405,356,124

434,032,307

-6.6%

19,192,591

22,406,665

-14.3%

Total Futures

6,482,229

8,913,265

-27.3%

290,407

549,817

-47.2%

Total Volume

411,838,353

442,945,572

-7.0%

19,482,998

22,956,482

-15.1%