OCC, the world's largest equity derivatives clearing organization, announced today that year-to-date average daily volume through November 2022 was 41.3 million contracts, up 4.7 percent compared to year-to-date average daily volume through November 2021. Total volume was 922.4 million contracts, down 2.8 percent compared to November 2021 while ranking as the third highest month in OCC’s history.
Highlights
- ETF options cleared contract volume up 42.7% year-over-year
- Index options cleared contract volume up 49.8% year-over-year
- Stock Loan transaction volume up 8.6% year-over-year
Contract Volume
| November 2022 Contracts | November 2021 Contracts | % Change | 2022 YTD ADV | 2021 YTD ADV | % Change | |
| Equity Options | 500,456,291 | 653,693,717 | -23.4% | 22,375,046 | 26,698,181 | -16.2% |
| ETF Options | 348,872,412 | 244,472,686 | 42.7% | 15,894,129 | 10,572,549 | 50.3% |
| Index Options | 69,176,799 | 46,189,572 | 49.8% | 2,839,230 | 1,967,517 | 44.3% |
| Total Options | 918,505,502 | 944,355,975 | -2.7% | 41,108,405 | 39,238,247 | 4.8% |
| Futures | 3,849,715 | 5,040,932 | -23.6% | 222,226 | 231,569 | -4.0% |
| Total Volume | 922,355,217 | 949,396,907 | -2.8% | 41,330,631 | 39,469,816 | 4.7% |
Securities Lending
| November 2022 Avg. Daily Loan Value | November 2021 Avg. Daily Loan Value | % Change | November 2022 Total Transactions | November 2021 Total Transactions | % Change | |
| Market Loan + Hedge Total | 111,645,302,182 | 138,359,299,679 | -19.31% | 188,346 | 173,472 | 8.6% |
Additional Data
About OCC
The Options Clearing Corporation (OCC), named Risk Magazine’s 2022 Clearing House of the Year, is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.