OCC Clears 764.3M Contracts in April 2023, down 2.4% Year-Over-Year

CHICAGO--(BUSINESS WIRE)--OCC, the world's largest equity derivatives clearing organization, announced today that year-to-date average daily volume through April 2023 was 44.9 million contracts, up 7.2 percent compared to year-to-date average daily volume through April 2022. Total volume was 764.3 million contracts, down 2.4 percent compared to April 2022.

Highlights

• Index options cleared contract volume up 43.2% year-over-year
• Equity options cleared contract volume down 12% year-over-year
• Average daily volume up 7.2% year-over-year

Contract Volume

	April 2023 Contracts	April 2022 Contracts	% Change	2023 YTD ADV	2022 YTD ADV	% Change
Equity Options	384,604,951	436,975,760	-12.0%	22,783,092	23,786,893	-4.2%
ETF Options	308,942,605	294,430,211	4.9%	18,258,627	15,396,800	18.6%
Index Options	67,261,317	46,973,323	43.2%	3,604,300	2,415,624	49.2%
Total Options	760,808,873	778,379,294	-2.3%	44,646,019	41,599,317	7.3%
Futures	3,538,461	4,372,707	-19.1%	221,283	246,978	-10.4%
Total Volume	764,347,334	782,752,001	-2.4%	44,867,302	41,846,295	7.2%

Securities Lending

	April 2023 Avg. Daily Loan Value	April 2022 Avg. Daily Loan Value	% Change	April 2023 Total Transactions	April 2022 Total Transactions	% Change
Market Loan + Hedge Total	132,318,643,460	134,242,717,203	-1.4%	184,553	189,502	-2.6%

Additional Data

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

About OCC

The Options Clearing Corporation (OCC) 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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