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OCC Cleared Contract Volume Highest January on Record

February 3, 2020 GMT

CHICAGO--(BUSINESS WIRE)--Feb 3, 2020--

OCC, the world’s largest equity derivatives clearing organization, announced today that January 2020 total cleared contract volume was 521,727,816 contracts, the industry’s highest January ever – up 23.5 percent from January 2019, and the third highest month overall. The highest month was October 2018 with 567,833,544 cleared contracts, followed by August 2011 with 554,842,463 in cleared contract volume.

Options: Total exchange-listed options cleared contract volume reached 515,268,217 in January 2020, up 23.8 percent from 416,274,951 in January 2019. Equity options volume reached a total of 471,771,710 contracts, up 25.7 percent from January 2019. This includes January 2020 ETF option cleared contract volume of 178,989,235, a 13.3 percent increase compared to 157,950,235 ETF options contracts cleared in January 2019. Index options for January 2020 were 43,496,507 up 6 percent over January 2019, with a year-to-date average daily volume of 2,071,262.

Futures: Futures cleared contract volume was 6,459,599 in January 2020, a 2 percent increase over January 2019 volume of 6,335,989. OCC’s 2020 average daily cleared futures volume was 307,600 contracts.

Securities Lending: OCC’s securities lending CCP activity decreased by 6.56 percent in new loans from January 2019 with 107,395 transactions last month. The average daily loan value at OCC in January 2020 was $81,209,319,432, a 17.88 percent increase compared to last January.

For 2020 monthly exchange market share information, click here.

 

Jan 2020 Total
Contract
Volume

Jan 2019 Total
Contract
Volume

Jan Total
Contract %
Change vs
2019

YTD Avg Daily
Contract
2020

YTD Avg Daily
Contract
2019

% Change
vs 2019

Equity Options

471,771,710

375,222,959

25.7%

22,465,320

17,867,760

25.7%

Index Options

43,496,507

41,051,992

6.0%

2,071,262

1,954,857

6.0%

Total Options

515,268,217

416,274,951

23.8%

24,536,582

19,822,617

23.8%

Futures

6,459,599

6,335,989

2.0%

307,600

301,714

2.0%

Total Volume

521,727,816

422,610,940

23.5%

24,844,182

20,125,331

23.4%

About OCC

OCC is the world’s largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) as a registered clearing agency and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. Named 2019 Best Clearing House by Markets Media, OCC now provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms for options, financial futures, security futures, and securities lending transactions. More information about OCC is available at www.theocc.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20200203005798/en/

CONTACT: Media Contact:

Michael Shore

312-322-1150

mshore@theocc.com

KEYWORD: ILLINOIS EUROPE UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING OTHER PROFESSIONAL SERVICES PROFESSIONAL SERVICES FINANCE

SOURCE: OCC

Copyright Business Wire 2020.

PUB: 02/03/2020 05:10 PM/DISC: 02/03/2020 05:10 PM

http://www.businesswire.com/news/home/20200203005798/en