02.01.2019
By Rob Daly Editor-at-Large

OCC’s January Volume Dips 11.9%

02.01.2019 By Rob Daly Editor-at-Large

OCC, the world’s largest equity derivatives clearing organization, announced today that total cleared contract volume in January reached 422,610,940 contracts, the second-highest January volume in OCC history, following January of 2018. This was down 11.9 percent compared to last January. OCC’s year-to-date average daily contract volume is 20,124,330 contracts, 3.6 percent lower than 2018’s record-breaking average of 20,884,820 contracts a day.

Options: Overall exchange-listed options volume reached 416,274,951 contracts in January, down 11.0 percent from 467,904,767 in 2018. Equity options volume reached a total of 375,222,959 contracts, an 8.8 percent decrease from January 2018. This includes cleared ETF options volume of 157,950,235 contracts last month, also an 8.8 percent decrease compared to January 2018 volume of 173,248,941 contracts. Index options volume was down 27.0 percent with 41,051,992 contracts in January, with an average daily volume of 1,954,857 contracts.

Futures: OCC cleared 6,335,989 futures contracts in January, down 46.8 percent from January 2018. OCC’s average daily cleared futures volume last month was 301,714 contracts.

Securities Lending:  OCC’s securities lending CCP activity was down 1.5 percent in new loans from January 2018 with 114,940 transactions last month. The average daily loan value at OCC in January 2019 was $68,889,730,936. There were 116,741 new transactions in January 2018, with OCC stock loan activity registering 1,374,319 new loan transactions for all of 2018.

For 2019 monthly exchange market share information, click here.

January 2019 Total Contract Volume Januart 2018 Total Contract Volume January Total Contract % Change vs. 2018 YTD Avg. Daily Contract 2019 YTD Avg. Daily Contract 2018 YTD Avg. Daily Contract % Change vs. YTD 2018
Equity Options 375,222,959 411,650,134 -8.8% 17,867,760 19,602,387 -8.8%
ETF Options 157,950,235 173,248,941 -27.0% 7,521,440 8,249,950 -8.8%
Index Options 41,051,992 56,254,633 -27.0.0% 1,954,857 2,678,792 -27.0%
Total Options 416,274,951 467,904,767 -11.0% 19,822,617 22,281,179 -11.0%
Total Futures 6,335,989 11,907,702 -46.8% 301,714 567,033 -46.8%
Total Volume 422,610,940 479,812,469 -11.9% 20,124,330 22,848,213 -11.9%

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