OCC Cleared Contract Volume Increased 7% in July

Securities Lending CCP Activity Up 10 Percent for July and 12 Percent Year-to-Date

CHICAGO--()--OCC, the world’s largest equity derivatives clearing organization, announced today that cleared contract volume in July was 385,404,937 contracts, up 7 percent from July 2014 volume of 360,585,699 contracts marking the highest July volume on record. OCC’s year-to-date average daily cleared contract volume is down 4 percent from 2014 with 16,252,971 contracts in 2015.

Options: Exchange-listed options volume reached 379,194,963 contracts in July, a 7 percent increase from July 2014 volume of 355,432,350 contracts. Year-to-date average daily options volume is down 4 percent from 2014 with 16,015,248 contracts in 2015.

Equity options volume in July was 340,149,220 contracts, a 6 percent increase from July 2014. Index options volume in July was up 18 percent from July 2014 with 39,045,743 contracts.

Futures: OCC cleared futures volume in July reached 6,209,974 contracts, a 21 percent increase from the July 2014 volume of 5,153,349 contracts. OCC’s year-to-date average daily cleared futures volume is down 11 percent from 2014 with 237,723 contracts in 2015.

Securities Lending: OCC's securities lending CCP activity in July 2015 was up 10 percent in new loans from July 2014 with 116,406 transactions. Year-to-date stock loan activity is up 12 percent from 2014 with 772,132 new loan transactions in 2015. The average daily loan value cleared by OCC in July was $186,970,718,656.

OCC CLEARED CONTRACT VOLUME JULY 2015
     

July 2015
Total Contract
Volume

     

July 2014
Total
Contract
Volume

     

July Total
Contract
% Change
vs. 2014

     

YTD. Avg.
Daily
Contract
2015

     

YTD. Avg.
Daily
Contract
2014

     

Avg.
Daily Contract
% Change vs.
2014

Equity Options     340,149,220       322,425,332       5.50%       14,510,111       15,064,081       -3.68%
Index Options     39,045,743       33,007,018       18.30%       1,505,137       1,638,135       -8.12%
Total Options     379,194,963       355,432,350       6.69%       16,015,248       16,702,216       -4.11%
Total Futures     6,209,974       5,153,349       20.50%       237,723       267,559       -11.15%
Total Volume     385,404,937       360,585,699       6.88%       16,252,971       16,969,775       -4.22%

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. OCC now provides central counterparty (CCP) clearing and settlement services to 16 exchanges and trading platforms for options, financial futures, security futures and securities lending transactions. More information about OCC is available at www.theocc.com.

Contacts

OCC
David Prosperi, 312-322-4484
dprosperi@theocc.com
Angela Kotso, 312-322-6267
akotso@theocc.com

Release Summary

This press release reports OCC cleared contract volume including option, futures and CCP securities lending transactions.

Contacts

OCC
David Prosperi, 312-322-4484
dprosperi@theocc.com
Angela Kotso, 312-322-6267
akotso@theocc.com