On behalf of our colleagues, Management Committee and Board of Directors, we are pleased to share our 2022 Annual Report. Inside you’ll read about OCC’s continued commitment to excellence and innovation while fulfilling our duties as a Systemically Important Financial Market Utility. New to the report this year is our Diversity, Equity and Inclusion section where our leaders and colleagues discuss the tremendous growth and evolution of our DEI initiatives since we added DEI as one of our six core values in 2020.
Executive Chairman Craig Donohue’s letter discusses how the industry continues to evolve, with a broadening set of investors now participating in our markets, as well as the efforts we’ve taken to ensure our critical infrastructure continues to be robust as we clear and settle record numbers of options, futures, and securities lending transactions.
In total, OCC cleared a record-setting 10.38 billion contracts in 2022, while the average daily volume was 41.3 million. CEO Andrej Bolkovic and Advisor to the CEO John Davidson share how OCC has continued to meet the growing needs of the US.-listed options industry while delivering strong operations and risk management. Additionally, CFO Mike Nowak outlines our focus on resilient capital management and diversified liquidity resources to meet the challenges of marketplace growth and complexity, volatility, and technological innovation.
Read the entire report at annualreport.theocc.com.