OCC Clears 877.9M Contracts in July 2023

CHICAGO--(BUSINESS WIRE)--OCC, the world's largest equity derivatives clearing organization, announced today that year-to-date average daily volume through July 2023 was 44.6 million contracts, up 9.9 percent compared to year-to-date average daily volume through July 2022. Total volume was 877.9 million contracts, up 18.3 percent compared to July 2022.

Highlights

• ETF options cleared contract volume up 13.6% year-over-year
• Index options cleared contract volume up 41.2% year-over-year
• Total options cleared contract volume up 10% year-over-year

Contract Volume

	July 2023 Contracts	July 2022 Contracts	% Change	2023 YTD ADV	2022 YTD ADV	% Change
Equity Options	496,358,986	393,918,967	26.0%	23,143,051	22,278,089	3.9%
ETF Options	307,560,999	291,440,663	5.5%	17,606,244	15,504,556	13.6%
Index Options	69,718,108	52,904,255	31.8%	3,645,875	2,581,416	41.2%
Total Options	873,638,093	738,263,885	18.3%	44,395,170	40,364,061	10.0%
Futures	4,244,766	3,778,337	12.3%	214,421	232,766	-7.9%
Total Volume	877,882,859	742,042,222	18.3%	44,609,591	40,596,827	9.9%

Securities Lending

	July 2023 Avg. Daily Loan Value	July 2022 Avg. Daily Loan Value	% Change	July 2023 Total Transactions	July 2022 Total Transactions	% Change
Market Loan + Hedge Total	136,247,037,293	119,636,297,571	13.9%	189,181	172,365	9.8%

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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