01.02.2020

OCC Clears Almost 5 Bln Contracts in 2019

 OCC Clears Over 4.9 Billion Contracts in 2019 

Second Highest Ever Annual Cleared Volume 

December Volume Down 4.2 Percent from Record-Breaking 2018 

CHICAGO (January 2, 2020) – OCC, the world’s largest equity derivatives clearing organization, announced today that 2019 total cleared contract volume was 4,976,978,704 contracts, the industry’s second-highest ever annual volume, down 5.1 percent compared to 2018’s record-breaking pace of 5.24 billion contracts. Average daily cleared contract volume in 2019 was 19,749,915 contracts. OCC’s December 2019 total cleared contract volume reached 418,410,240 contracts, down 4.2 percent compared to last December. 

Options: Total exchange-listed options cleared contract volume for 2019 reached 4,899,036,559, down 4.6 percent from 2018 volume of 5,137,201,519. December 2019 volume reached 411,975,019, down 4.0 percent from 429,078,216 in 2018. Equity options cleared contract volume reached a total of 4,420,542,768 in 2019, down 3.3 percent from 2018. December 2019 volume of 373,792,463 was down 0.8 percent from December 2018. This includes 2019 total ETF option cleared contract volume of 1,779,584,757, an 11.3 percent decrease. December 2019 volume decreased 25.9 percent with 146,346,157 ETF options contracts cleared compared to December 2018 volume of 197,508,790. Index option 2019 cleared contract volume was down 15.3 percent with 478,493,791 contracts. December 2019 volume was 38,128,556, down 26.8 percent, with a year to date average daily volume of 1,898,785. . 

Futures: Futures cleared contract volume in 2019 was 77,942,145, a 25.7 decrease. December 2019 volume was 6,435,221 contracts, down 16.4 percent from December 2018. OCC’s 2019 average daily cleared futures volume was 309,294 contracts, 26 percent lower than 2018. 

Securities Lending: OCC’s securities lending CCP activity decreased by 4.07 percent in new loans from December 2018 with 102,583 transactions last month. Annual stock loan activity decreased 5.27 percent from 2018 with 1,301,830 new loan transactions in 2019. The average daily loan value at OCC in December was $83,155,696,608, a decrease of 18.52 percent compared to last December. 

For 2019 monthly exchange market share information, click here. December 2019 Total Contract Volume  December 2018 Total Contract Volume  December Total Contract 

% Change vs. 2018 

YTD Avg. Daily Contract 2019  YTD Avg. Daily Contract 2018  2019 Avg. Daily Contract % Change vs. 2018 
Equity Options  373,792,463  376,883,978  -0.8%  17,541,836  18,217,061  -3.70% 
Index Options  38,182,556  52,194,238  -26.8%  1,898,785  2,249,877  -15.6% 
Total Options  411,975,019  429,078,216  -4.0%  19,440,621  20,466,938  -5.0% 
Total Futures  6,435,221  7,693,725  -16.4%  309,294  417,882  -26.0% 
Total Volume  418,410,240  436,771,941  -4.2%  19,749,915  20,884,820  -5.4% 

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