OCC Clears 923M Contracts in January 2023, Third Highest Month on Record

CHICAGO--(BUSINESS WIRE)--OCC, the world's largest equity derivatives clearing organization, announced today that year-to-date average daily volume through January 2023 was 46.2 million contracts, up 2.9 percent compared to year-to-date average daily volume through January 2022. Total volume was 923.2 million contracts, up 2.9 percent compared to January 2022 and the third highest month in OCC’s history.

Highlights

• ETF options cleared contract volume up 15.6% year-over-year
• Index options cleared contract volume up 31.7% year-over-year
• Total options cleared contract volume up 3.1% year-over-year

Contract Volume

	January 2023 Contracts	January 2022 Contracts	% Change	2023 YTD ADV	2022 YTD ADV	% Change
Equity Options	490,385,534	527,485,192	-7.0%	24,519,277	26,374,260	-7.0%
ETF Options	360,913,765	312,337,990	15.6%	18,045,688	15,616,900	15.6%
Index Options	67,999,957	51,617,316	31.7%	3,399,998	2,580,866	31.7%
Total Options	919,299,256	891,440,498	3.1%	45,964,963	44,572,026	3.1%
Futures	3,884,674	6,117,218	-36.5%	194,234	305,861	-36.5%
Total Volume	923,183,930	897,557,716	2.9%	46,159,197	44,877,887	2.9%

Securities Lending

	January 2023 Avg. Daily Loan Value	January 2022 Avg. Daily Loan Value	% Change	January 2023 Total Transactions	January 2022 Total Transactions	% Change
Market Loan + Hedge Total	121,395,862,984	132,125,002,110	-8.1%	177,214	177,228	-0.01%

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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