08.01.2016

OCC Cleared Contract Volume Down 18 Percent in July

OCC.com  – CHICAGO – OCC, the world’s largest equity derivatives clearing organization, announced today that cleared contract volume in July was 317,045,566 contracts, down 18  percent from July 2015 volume of 385,404,937 contracts. OCC’s year-to-date average daily cleared contract volume is up three percent with 16,687,086 contracts in 2016.

 

Options: Exchange-listed options volume reached 308,897,552 contracts in July, a 19 percent decrease from July 2015 volume of 379,194,963 contracts. Year-to-date average daily options volume is up two percent from 2015 with 16,297,482 contracts in 2016.

Equity options volume in July was 274,773,760 contracts, a 19 percent decrease from July 2015. This includes cleared ETF options volume of 122,362,162 contracts last month, an 11 percent decrease over July 2015 volume of 137,697,836 contracts.  Index options volume in July was down 13 percent with 34,123,792 contracts.

 

Futures: OCC cleared futures volume in July reached 8,148,014 contracts, a 31 percent increase from the July 2015 volume of 6,209,974 contracts. OCC’s year-to-date average daily cleared futures volume is up 64 percent from 2015 with 389,604 contracts in 2016.

 

Securities Lending: OCC’s securities lending CCP activity in July 2016 was up 24 percent in new loans from July 2015 with 143,994 transactions. Year-to-date stock loan activity is up 41 percent from 2015 with 1,092,472 new loan transactions in 2016. The average daily loan value cleared by OCC in July was $149,043,508,193.

 

For 2016 monthly exchange market share information, click here.

 

OCC CLEARED CONTRACT VOLUME JULY 2016
  July 2016 Total Contract Volume July 2015 Total Contract Volume July Total Contract % Change vs. 2015 YTD. Avg. Daily Contract 2016 YTD. Avg. Daily Contract 2015 Avg. Daily Contract % Change vs. 2015
Equity Options 274,773,760 340,149,220 -19.2% 14,540,751 14,510,111 0.21%
Index Options 34,123,792 39,045,743 -12.6% 1,756,731 1,505,137 16.7%
Total Options 308,897,552 379,194,963 -18.5% 16,297,482 16,015,248 1.76%
Total Futures 8,148,014 6,209,974 31.2% 389,604 237,723 63.9%
Total Volume 317,045,566 385,404,937 -17.7% 16,687,086 16,252,971 2.67%

@OptionsClearing    The Options Clearing Corporation

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 2016 Clearinghouse of the Year by Global Investor/ISF Magazine, 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 www.theocc.com.OCC.com

Related articles

  1. MarketAxess Expands in Asia

    Phase 5 of the uncleared margin rules (UMR) took effect from September 2021.

  2. Temporary equivalence is set to expire on June 30 2022.

  3. Margins Raised Ahead of Brexit Vote

    IRS trading volumes have fragmented without an equivalence agreement.

  4. New Collateral Transformers To Emerge

    Phase 5 of the uncleared margin rules came into effect on 1 September.

  5. Buy Side Forced to Review Collateral Arrangements

    Triparty repos can be executed across U.S. Treasury securities to central clearing.