OCC November 2020 Total Volume Up 71 Percent From a Year Ago

Highest November ever and second-highest month on record

CHICAGO--(BUSINESS WIRE)--OCC, the world’s largest equity derivatives clearing organization, announced today that November 2020 total cleared contract volume was 677,190,590 contracts, up 71 percent from November 2019. This marks the highest November ever and the second-highest month on record. Year-to-date average daily cleared contract volume through November was 29,295,206 contracts, up 48.4 percent from November 2019.

Options: Total exchange-listed options cleared contract volume was 673,660,858, up 72.4 percent from November 2019. Equity options cleared contract volume was 640,174,308 contracts, up 78.9 percent from November 2019. This includes ETF option cleared contract volume of 185,711,923, a 49.9 percent increase compared to November 2019. Index options volume was 33,486,550, a 2.1 percent increase from November 2019. OCC’s year-to-date average daily cleared options volume is 29,062,585 contracts.

Futures: Total futures cleared contract volume was 3,529,732, a 32.2 percent decrease from November 2019. OCC's year-to-date average daily cleared futures volume is 232,621 contracts.

Securities Lending: The average daily loan value at OCC in November 2020 was $86,538,948,248, a 11.5 percent increase compared to November 2019. Securities lending CCP activity increased by 14.4 percent in new loans from November 2019 with 105,418 transactions last month.

For 2020 monthly exchange market share information, click here.

	November 2020 Total Contract Volume		November 2019 Total Contract Volume		November Total Contract % Change vs 2019	YTD Avg Daily Contract 2020	YTD Avg Daily Contract 2019	% Change vs 2019
Equity Options		640,174,308		357,882,106	78.9%	27,206,312	17,518,400	55.3%
Index Options		33,486,550		32,813,835	2.1%	1,856,273	1,906,109	-2.6%
Total Options		673,660,858		390,695,941	72.4%	29,062,585	19,424,509	49.6%
Futures		3,529,732		5,207,403	-32.2%	232,621	309,554	-24.9%
Total Volume		677,190,590		395,903,344	71.0%	29,295,206	19,734,063	48.4%

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. Named 2020 Best Clearing House – Equities by Markets Media for the third consecutive year, 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.

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