07.05.2021

OCC Has Second Highest Monthly Volume

OCC, the world’s largest equity derivatives clearing organization, announced hat June 2021 total cleared contract volume was 870,149,871 contracts, the second highest month in OCC’s history and up 32.7 percent compared to June 2020. Year-to-date average daily cleared contract volume through June was 39,400,310 contracts, up 25.6 percent compared to June 2020.

Options: Total exchange-listed options cleared contract volume was 866,099,522, up 25.8 percent compared to June 2020. Equity options cleared contract volume was 826,487,445 contracts, up 26.9 percent compared to June 2020. This includes ETF options cleared contract volume of 203,065,100, a 17.3 percent decrease compared to June 2020. Index options volume was 39,612,077, up 5.8 percent compared to June 2020. OCC’s year-to-date average daily cleared options volume is 39,163,414 contracts.

Futures: Total futures cleared contract volume was 4,050,349, a 9.9 percent decrease compared to June 2020. OCC’s year-to-date average daily cleared futures volume is 236,895 contracts.

Securities Lending: The average daily loan value at OCC in June 2021 was $128,437,950,629, a 68.5 percent increase compared to June 2020. Securities lending CCP activity increased by 38.5 percent in new loans from June 2020 with 171,873 transactions last month.

For 2021 monthly exchange market share information, click here.

 

  June 2021 Total Contract Volume June 2020 Total Contract Volume June 2021 Total Contract % Change vs 2020 YTD Avg Daily Contract 2021 YTD Avg Daily Contract 2020 June 2021 % Change vs 2020
Equity Options 826,487,445 651,089,358 26.9% 37,272,281 25,992,438 43.4%
Index Options 39,612,077 37,455,152 5.8% 1,891,133 2,137,212 -11.5%
Total Options 866,099,522 688,544,510 25.8% 39,163,414 28,129,650 39.2%
Futures 4,050,349 4,497,670 -9.9% 236,895 279,362 -15.2%
Total Volume 870,149,871 693,042,180 25.6% 39,400,310 28,409,012 38.7%

 Source: OCC

Related articles

  1. FIA PTG said a viable agency clearing model can increase market resiliency, liquidity and transparency.

  2. Buy Side Forced to Review Collateral Arrangements

    TriOptima compressed SGD 1.7 trillion notional at LCH in first half.

  3. First Korean bank clears at LCH ForexClear as phase 5 of uncleared margin rules approach.

  4. This comes ahead of LIBOR’s cessation on 31 December 2021.

  5. A briefing paper supports alignment of the clearing obligation under the EMIR and MiFID II.