11.02.2016
By John D'Antona Editor, Traders Magazine

OCC Cleared Contract Volume Down 13 Percent in October

11.02.2016 By John D'Antona Editor, Traders Magazine

OCC.com – CHICAGO – OCC, the world’s largest equity derivatives clearing organization, announced today that cleared contract volume in October was 318,439,491 contracts, a 13 percent decrease from October 2015 monthly volume of 367,647,983 contracts. Average daily volume at OCC is down three percent year-to-date in 2016 with 16,367,412 contracts. OCC’s stock loan program reported that securities lending activity was up 33 percent in October and 38 percent year-to-date.

Options: Exchange-listed options volume reached 309,614,715 contracts in October, a 15 percent decrease from October 2015. Year-to-date average daily options volume is down four percent from 2015 with 15,964,442 contracts.

Equity options volume last month was 279,141,501 contracts, a 14 percent decrease from October 2015. This includes cleared ETF options volume of 120,263,018 contracts last month, down ten percent from October 2015 volume of 133,212,801 contracts. Index options volume in October was down 20 percent from a year ago with 30,473,214 contracts.

 

Futures: Cleared futures volume at OCC in October was 8,824,776 contracts, a 60 percent increase from October 2015. OCC’s year-to-date average daily cleared futures volume is up 54 percent with 402,970 contracts.

 

Securities Lending: OCC’s securities lending CCP activity in October 2016 was up 33 percent in new loans from October 2015 with 159,004 transactions last month. Year-to-date stock loan activity is up 38 percent from 2015 with 1,580,734 new loan transactions in 2016. The average daily loan value cleared by OCC in October was $151,015,758,806.

 

For 2016 monthly exchange market share information, click here.

 

OCC CLEARED CONTRACT VOLUME OCTOBER 2016
  October 2016 Total Contract Volume October 2015 Total Contract Volume October Total Contract % Change vs. 2015 YTD. Avg. Daily Contract 2016 YTD. Avg. Daily Contract 2015 Avg. Daily Contract % Change vs. 2015
Equity Options 279,141,501 324,118,226 -13.9% 14,265,521 14,896,014 -4.23%
Index Options 30,473,214 38,023,816 -19.9% 1,698,921 1,682,460 0.98%
Total Options 309,614,715 362,142,042 -14.5% 15,964,442 16,578,474 -3.70%
Total Futures 8,824,776 5,505,941 60.3% 402,970 261,682 54.0%
Total Volume 318,439,491 367,647,983 -13.4% 16,367,412 16,840,156 -2.81%

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