OCC September Cleared Volume Up 11.3 Percent – Highest September on Record

CHICAGO--()--OCC, the world’s largest equity derivatives clearing organization, announced today that total cleared contract volume in September reached 406,444,790 contracts, an 11.3 percent increase compared to last September, and the highest total volume for September on record. OCC’s year-to-date average daily cleared contract volume is 19,741,303 down 2.3 percent compared to 2018’s record-breaking pace.

Options: Overall exchange-listed options volume reached 400,452,056 contracts in September, up 11.7 percent from 358,572,914 in 2018. Equity options volume reached a total of 360,693,463 contracts, a 11.8 percent increase from September 2018. This includes cleared ETF options volume of 154,022,718 contracts last month, a 31.7 percent increase, compared to the September 2018 volume of 116,971,793 contracts. Index options volume was up 10.4 percent with 39,758,593 contracts in September, with year-to-date average daily volume of 1,945,116 contracts.

Futures: Futures cleared by OCC was 5,992,734 contracts in September, down 8.9 percent from September 2018. OCC's year-to-date average daily cleared futures volume is 318,006 contracts, 22 percent lower than 2018.

Securities Lending: OCC's securities lending CCP activity increased by 1 percent in new loans from September 2018 with 102,863 transactions last month. Year-to-date stock loan activity has decreased 2.21 percent from 2018 with 1,002,806 new loan transactions in 2019. The average daily loan value at OCC in September was $75,863,036,913, a decrease of 7.99 percent compared to last September.

For 2019 monthly exchange market share information, click here.

 

September 2019 Total Contract Volume

September 2018 Total Contract Volume

September

Total Contract

% Change vs. 2018

YTD Avg. Daily Contract 2019

YTD Avg. Daily Contract 2018

2019 Avg. Daily Contract % Change vs. 2018

Equity Options

360,693,463

322,566,988

11.8%

17,478,181

17,656,820

-1.0%

Index Options

39,758,593

36,005,926

10.4%

1,945,116

2,145,433

-9.3%

Total Options

400,452,056

358,572,914

11.7%

19,423,297

19,802,253

-1.9%

Total Futures

5,992,734

6,580,024

 

-8.9

318,006

407,624

-22%

Total Volume

406,444,790

365,152,938

11.3%

19,741,303

20,209,877

-2.3%

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 2019 Best Clearing House by Markets Media, and 2018 Clearing House of the Year – The Americas by FOW, OCC now provides central counterparty (CCP) clearing and settlement services to 20 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

Media Contact:
David Prosperi
312-322-4484
dprosperi@theocc.com

Contacts

Media Contact:
David Prosperi
312-322-4484
dprosperi@theocc.com