OCC surpasses annual cleared contract record
December 4, 2018

OCC, the world's largest equity derivatives clearing organization, reports from Chicago that total cleared contract volume in November reached 438,027,585 contracts, up 10.4 percent compared to November 2017 volume of 396,779,462. Year-to-date, OCC has cleared 4.71 billion options contracts and 4.81 billion total contracts, with both reaching new annual cleared contract volume records for the US exchange-listed options industry. The previous records, set in 2011, were 4.56 billion options contracts and 4.60 billion total contracts.

Options: Overall exchange-listed options volume reached 429,670,901 contracts in November, up 11.3 percent from 385,892,412 in 2017. Equity options volume reached a total of 383,838,299 contracts, a 12.8 percent increase from November 2017. This includes cleared ETF options volume of 179,002,180 contracts last month, a 32.7 percent increase compared to November 2017 volume of 134,905,417 contracts. Index options volume was up 0.8 percent with 45,832,602 contracts in November, with year-to-date average daily volume up 11.0 percent from November 2017.

Futures: Futures cleared by OCC reached 8,356,684 contracts in November, down 23.2 percent from November 2017. OCC's year-to-date average daily cleared futures volume is 418,942 contracts, 24.4 percent less than 2017. 

Securities lending:  OCC's securities lending CCP activity was up 4.2 percent in new loans from November 2017 with 111,814 transactions last month. Year-to-date stock loan activity increased 18.5 percent from 2017 with 1,267,105 new loan transactions in 2018. The average daily loan value at OCC in November was US$79,627,866,359.





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OCC, the world's largest equity derivatives clearing organization, reports from Chicago that total cleared contract volume in November reached 438,027,585 contracts, up 10.4 percent compared to November 2017 volume of 396,779,462. Year-to-date, OCC has cleared 4.71 billion options contracts and 4.81 billion total contracts, with both reaching new annual cleared contract volume records for the US exchange-listed options industry. The previous records, set in 2011, were 4.56 billion options contracts and 4.60 billion total contracts.

Options: Overall exchange-listed options volume reached 429,670,901 contracts in November, up 11.3 percent from 385,892,412 in 2017. Equity options volume reached a total of 383,838,299 contracts, a 12.8 percent increase from November 2017. This includes cleared ETF options volume of 179,002,180 contracts last month, a 32.7 percent increase compared to November 2017 volume of 134,905,417 contracts. Index options volume was up 0.8 percent with 45,832,602 contracts in November, with year-to-date average daily volume up 11.0 percent from November 2017.

Futures: Futures cleared by OCC reached 8,356,684 contracts in November, down 23.2 percent from November 2017. OCC's year-to-date average daily cleared futures volume is 418,942 contracts, 24.4 percent less than 2017. 

Securities lending:  OCC's securities lending CCP activity was up 4.2 percent in new loans from November 2017 with 111,814 transactions last month. Year-to-date stock loan activity increased 18.5 percent from 2017 with 1,267,105 new loan transactions in 2018. The average daily loan value at OCC in November was US$79,627,866,359.



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