OCC Cleared Contract Volume Down Nine Percent in September

Securities lending activity up 13 percent in September and 21 percent year-to-date

Cleared futures volume up one percent in September and 42 percent year-to-date

CHICAGO--()--OCC, the world's largest equity derivatives clearing organization, announced today that cleared contract volume in September was 335,867,813 contracts, down nine percent from September 2016 volume of 367,641,787 contracts. OCC's year-to-date average daily cleared contract volume is up three percent from 2016 with 17,038,958 contracts in 2017.

Options: Exchange-listed options volume reached 325,116,389 contracts in September, down nine percent from September 2016 volume of 357,041,027 contracts. Year-to-date average daily options volume is up two percent from 2016 with 16,471,583 contracts in 2017.

Equity options volume in September was 282,159,560 contracts, a 12 percent decrease from September 2016. This includes cleared ETF options volume of 122,563,903 contracts last month, a 16 percent decrease from September 2016 volume of 145,850,238 contracts. Index options volume in September was up 13 percent with 42,956,829 contracts.

Futures: OCC cleared futures volume in September reached 10,751,424 contracts, a one percent increase from the September 2016 volume of 10,600,760 contracts. OCC's year-to-date average daily cleared futures volume is up 42 percent from 2016 with 567,375 contracts in 2017.

Securities Lending: OCC's securities lending CCP activity in September 2017 was up 13 percent in new loans from September 2016 with 190,544 transactions. Year-to-date stock loan activity is up 21 percent from 2016 with 1,717,306 new loan transactions in 2017. The average daily loan value cleared by OCC in September was $146,710,753,014.

For 2017 monthly exchange market share information, click here.

 
OCC CLEARED CONTRACT VOLUME SEPTEMBER 2017
    September     September     September     YTD. Avg.     YTD. Avg.     Avg. Daily
2017 Total 2016 Total Total Daily Daily Contract
Contract Contract Contract % Contract Contract % Change
Volume Volume Change vs. 2017 2016 vs. 2016
                  2016                  
Equity Options     282,159,560     319,042,080     -11.6%     14,504,785     14,373,640     0.91%
ETF Options     122,563,903     145,850,238     -16.0%     6,416,518     6,527,649     -1.70%
Index Options     42,956,829     37,998,947     13.0%     1,966,798     1,726,456     13.9%
Total Options     325,116,389     357,041,027     -8.94%     16,471,583     16,100,096     2.31%
Total Futures     10,751,424     10,600,760     1.42%     567,375     401,053     41.5%
Total Volume     335,867,813     367,641,787     -8.64%     17,038,958     16,501,149     3.26%
 

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) as a Derivatives Clearing Organization. Named 2016 Clearinghouse of the Year - The Americas by FOW Magazine and 2016 Clearinghouse of the Year by Global Investor/ISF Magazine, 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.

Contacts

OCC
Angela Kotso
312-322-6267
akotso@theocc.com
or
Caroline Gillard
312-322-4529
cgillard@theocc.com

Release Summary

OCC announced that cleared contract volume in September was down nine percent from September 2016 cleared contract volume.

Contacts

OCC
Angela Kotso
312-322-6267
akotso@theocc.com
or
Caroline Gillard
312-322-4529
cgillard@theocc.com