03.01.2019

February Options Volumes Drop 26%

OCC February Volume Down 25.9 Percent After Strong 2018

 

CHICAGO (March 1, 2019) – OCC, the world’s largest equity derivatives clearing organization, announced today that total cleared contract volume in February reached 354,013,604 contracts. This was a decline of 25.9 percent compared to last February, which was the fifth-highest volume month in OCC’s history. OCC’s year-to-date average daily cleared contract volume is 19,415,614, down 18.9 percent compared to 2018’s record-breaking pace.

 

Options: Overall exchange-listed options volume reached 349,117,021 contracts in February, down 24.9 percent from 464,869,500 in 2018. Equity options volume reached a total of 316,391,081 contracts, a 20.5 percent decrease from February 2018. This includes cleared ETF options volume of 119,258,683 contracts last month, a 39.9 percent decrease compared to February 2018 volume of 198,333,703 contracts. Index options volume was down 51.1 percent with 32,725,940 contracts in February, with a year-to-date average daily volume of 1,844,448 contracts.

 

Futures: Futures cleared by OCC reached 4,896,583 contracts in February, down 61.5 percent from February 2018. OCC’s year-to-date average daily cleared futures volume is 280,814 contracts, 54.4 percent less than 2018.

 

Securities Lending:  OCC’s securities lending CCP activity was down 5.5 percent in new loans from February 2018 with 105,993 transactions last month. Year-to-date stock loan activity decreased 3.5 percent from 2018 with 220,933 new loan transactions in 2019. The average daily loan value at OCC in February was $69,881,482,507.62.

 

For 2019 monthly exchange market share information, click here.

 

  February 2019 Total Contract Volume February 2018 Total Contract Volume February Total Contract % Change vs. 2018 YTD Avg. Daily Contract 2019 YTD Avg. Daily Contract 2018 2019 Avg. Daily Contract % Change vs. 2018
Equity Options 316,391,081  

398,009,570

-20.5% 17,290,351 20,241,493 -14.6%
ETF Options 119,258,683 198,333,703 -39.9% 6,930,223 9,289,566 -25.4%
Index Options 32,725,940 66,859,930 -51.1% 1,844,448 3,077,864 -40.1%
Total Options 349,117,021 464,869,500 -24.9% 19,134,799 23,319,357 -17.9%
Total Futures 4,896,583 12,717,855 -61.5% 280,814 615,639 -54.4%
Total Volume 354,013,604 477,587,355 -25.9% 19,415,614 23,934,996 -18.9%

 

 

 

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