OCC Sets New Record with 5 Billion Cleared Contracts to Date in 2018
CHICAGO (December 17, 2018) – OCC, the world’s largest equity derivatives clearing organization, today said its total cleared contract volume on behalf of the U.S. equity options and futures industry has exceeded 5 billion for the year. OCC has cleared 5.01 billion total contracts and 4.91 billion options contracts year-to-date, surpassing the previous records of 4.60 billion total contracts and 4.56 billion options contracts set in 2011. The new industry volume record will be finalized at year-end, since 10 business days remain in 2018.
“The efficient clearance and settlement of more than five billion contracts is a remarkable achievement for the U.S. equity options and futures industry and OCC and is representative of the work OCC does in serving our participating exchanges, clearing firms and market users. I am very proud of the OCC team’s ability to promote stability and market integrity through effective and efficient clearance, settlement and risk management services to the users of these important financial markets,” said John Davidson, OCC President and Chief Operating Officer.
So far in 2018, OCC has cleared a daily average of 20,774,677 options and futures contracts. This is 20.5% higher than the daily cleared contract average of 17,241,342 for 2017 and 13.8% higher than the daily cleared contract average of 18,257,762 for 2011, the previous record-holding year.
About OCC
OCC is the world’s largest equity derivatives clearing organization and the foundation for secure markets. 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 2018 Best Clearing House by Markets Media, and Clearing House of the Year – The Americas by FOW, 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 at www.theocc.com
Media Contact:
David Prosperi
312-322-4484
dprosperi@theocc.com
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Related articles
-
A gray area between the SEC and the CFTC is impeding the development of prediction markets.
-
MIAX options exchanges' average daily volume increased 26.6% year-over-year.
-
Options on Eris SOFR Swap futures provide more flexibility in managing U.S. dollar interest rate risk.
-
The market has ranked first in multi-listed electronic volume since 2021.
-
This bring the firm's proprietary VIX index methodology to the bitcoin market.