Chicago, Ill (PRWEB) January 02, 2014
The Options Industry Council (OIC) announced today that 320,209,356 total options contracts were traded in December, which is a 2.46 percent increase compared to the previous December when 312,528,471 contracts were traded.
Total options trading volume for the year stood at 4,111,275,659 contracts, an increase of 2.68 compared to last year’s 4,003,871,308 total options contracts exchanged. This marks the third consecutive year annual volume was more than 4 billion contracts while 2013 becomes the second highest volume year on record. Equity options volume came in at 3,725,864,134 contracts, 1.20 percent more than the 3,681,820,659 contracts traded the year prior.
Last year also saw $1.2 trillion in options premium change hands, the seventh consecutive year above $1 trillion.
OCC also reported these volume highlights for the month of December:
More details on historical options trading data are available at http://www.OptionsEducation.org.
OIC is an industry cooperative funded by BATS Options, BOX Options Exchange, Chicago Board Options Exchange, C2 Options Exchange, International Securities Exchange, MIAX Options, NASDAQ OMX PHLX, NASDAQ Options Market, NYSE Amex Options, NYSE Arca Options and OCC. OIC was formed in 1992 to educate investors and their financial advisors about the benefits and risks of exchange-traded equity options. OIC's resources include: Investor Services live help at 1-888-OPTIONS, its educational website at http://www.OptionsEducation.org, live seminars throughout the continental United States and Canada, and educational literature.