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OCC Clears 887.6M Total Contracts in February 2023, Up 9.9% Year-Over-Year and Highest February on Record

March 02, 2023
Chicago -

OCC, the world's largest equity derivatives clearing organization,announced today that year-to-date average daily volume through February 2023 was 46.4 million contracts, up 6.2 percent compared to year-to-date average daily volume through February 2022. Total volume was 887.6 million contracts, up 9.9 percent compared to February 2022 and the highest total volume for the month of February in OCC’s history.

Highlights

  • Index options cleared contract volume up 45.7% year-over-year
  • ETF options cleared contract volume up 12.6% year-over-year
  • Total options cleared contract volume up 9.9% year-over-year

Contract Volume – February 2022

  February 2023 Contracts February 2022 Contracts % Change 2023 YTD ADV 2022 YTD ADV % Change
Equity Options 470,542,719 449,210,935 4.7% 24,639,186 25,043,490 -1.6%
ETF Options 345,614,206 306,909,480 12.6% 18,116,102 15,878,140 14.1%
Index Options 67,077,830 46,040,621 45.7%  3,463,533  2,504,050 38.3%
Total Options 883,234,755 802,161,036 10.1% 46,218,821 43,425,680 6.4%
Futures 4,316,963 5,180,038 -16.7% 210,298 289,673 -27.4%
Total Volume 887,551,718 807,341,074 9.9% 46,429,119 43,715,353 6.2%

Securities Lending

  February 2023 Avg. Daily Loan Value February 2022 Avg. Daily Loan Value % Change February 2023 Total Transactions February 2022 Total Transactions % Change
Market Loan + Hedge Total 117,615,756,215 134,062,056,009 -12.3%  173,888  176,043 -1.22%

 

Additional Data

About OCC

The Options Clearing Corporation (OCC) 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.

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