CORRECTING and REPLACING OCC Clears Record-Setting 10.38 Billion Total Contracts in 2022

CHICAGO--(BUSINESS WIRE)--In the third bullet under "Highlights," release should read "Stock Loan transaction volume up 24.9% year-over-year" (instead of "Stock Loan transaction volume up 8.6% year-over-year").

The updated release reads:

OCC CLEARS RECORD-SETTING 10.38 BILLION TOTAL CONTRACTS IN 2022

OCC, the world's largest equity derivatives clearing organization, announced today that 2022 set a new annual cleared contract volume record with 10.38 billion contracts cleared and an average daily volume of 41.3 million contracts. Compared to 2021, OCC had a 4.5 percent increase in total contracts cleared.

Highlights

• December ETF options cleared contract volume up 33.5% year-over-year; annual ETF options cleared contract volume up 48.7%
• December index options cleared contract volume up 34.1% year-over-year; annual Index options cleared contract volume up 43.3%
• Stock Loan transaction volume up 24.9% year-over-year

Contract Volume – December 2022

	December 2022 Contracts	December 2021 Contracts	% Change	2022 YTD ADV	2021 YTD ADV	% Change
Equity Options	441,932,043	528,203,065	-16.3%	22,263,715	26,463,431	-15.9%
ETF Options	355,459,448	266,352,631	33.5%	15,980,514	10,706,503	49.3%
Index Options	68,148,774	50,815,971	34.1%	2,873,194	1,997,400	43.8%
Total Options	865,540,265	845,371,667	2.4%	41,117,423	39,167,334	5.0%
Futures	4,018,406	5,325,925	-24.6%	219,643	232,487	-5.5%
Total Volume	869,558,671	850,697,592	2.2%	41,337,066	39,399,821	4.9%

Contract Volume – Total 2022

	Total 2022 Volume	Total 2021 Volume	% Change
Equity Options	5,588,192,573	6,668,784,719	-16.2%
ETF Options	4,011,109,056	2,698,038,847	48.7%
Index Options	721,171,637	503,344,774	43.3%
Total Options	10,320,473,266	9,870,168,340	4.6%
Futures	55,130,391	58,586,820	-5.9%
Total Volume	10,375,603,657	9,928,755,160	4.5%

Securities Lending – December 2022

	December 2022 Avg. Daily Loan Value	December 2021 Avg. Daily Loan Value	% Change	December 2022 Total Transactions	December 2021 Total Transactions	% Change
Market Loan + Hedge Total	123,028,152,818	147,689,142,573	-16.70%	201,485	189,217	6.5%

Securities Lending – Total 2022

	2022 Avg. Daily Loan Value	2021 Avg. Daily Loan Value	% Change	2022 Total Transactions	2021 Total Transactions	% Change
Market Loan + Hedge Total	125,520,566,857	125,329,116,168	0.15%	2,319,800	1,857,585	24.9%

Additional Data

• Market share volume by exchange
• Open interest
• Historical volume statistics

About OCC

The Options Clearing Corporation (OCC), named Risk Magazine’s 2022 Clearing House of the Year, is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.

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