CHICAGO--(BUSINESS WIRE)--OCC, the world’s largest equity derivatives clearing organization, announced today that total cleared contract volume in March reached 354,445,999 contracts, a four percent increase from March 2015. OCC's year-to-date volume is up six percent with 1,064,617,055 cleared contracts in the first quarter of 2016 compared to 1,006,510,362 contracts in the first quarter of 2015.
Options: Overall exchange-listed options volume reached 347,068,227 contracts in March, up three percent from March 2015. Equity options volume reached a total of 309,006,428 contracts, a slight increase of 0.26 percent from March 2015. This includes cleared ETF options volume of 142,234,845 contracts last month, an 11 percent increase over March 2015 volume of 128,377,098 contracts. Index options volume was up 32 percent with 38,061,799 contracts in March.
Futures: Futures cleared by OCC reached 7,377,772 contracts in March, up 62 percent from March 2015. OCC’s average daily cleared futures volume in the first quarter was 343,586 contracts, 53 percent higher than the first quarter of 2015.
Securities Lending: OCC's securities lending CCP activity was up 47 percent in new loans from March 2015 with 168,026 transactions last month. Year-to-date stock loan activity increased 43 percent from 2015 with 455,124 new loan transactions in 2016. The average daily loan value at OCC in March was $145,017,184,282.
For 2016 monthly exchange market share information, click here.
| Mar 2016 | Mar 2015 | Mar Total | YTD Avg. | YTD Avg. | YTD Avg. | |||||||||||||
| Total | Total | Contract % | Daily | Daily | Daily Contract | |||||||||||||
| Contract | Contract | Change vs. | Contract | Contract | % Change vs. | |||||||||||||
| Volume | Volume | Mar 2015 | 2016 | 2015 | YTD 2015 | |||||||||||||
| Equity Options | 309,006,428 | 308,209,312 | 0.26% | 15,279,660 | 14,822,313 | 3.09% | ||||||||||||
| Index Options | 38,061,799 | 28,825,276 | 32.0% | 1,829,493 | 1,453,547 | 25.9% | ||||||||||||
| Total Options | 347,068,227 | 337,034,588 | 2.98% | 17,109,153 | 16,275,861 | 5.12% | ||||||||||||
| Total Futures | 7,377,772 | 4,558,413 | 61.8% | 343,586 | 224,309 | 53.2% | ||||||||||||
| Total Volume | 354,445,999 | 341,593,001 | 3.76% | 17,452,739 | 16,500,170 | 5.77% | ||||||||||||
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) and the U.S. Commodity Futures Trading Commission (CFTC). 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.
