OCC Announces Total Cleared Contract Volume Increased 6 Percent Year-to-Date

Share Article

Year-to-date total cleared contract volume was up 6 percent and volume in April was down 4 percent which includes one less trading day.

News Image

OCC announced today that total cleared contract volume in April reached 360,854,580 contracts, which is 4 percent less than the previous April with one less trading day. OCC's year-to-date cleared contract volume stood at 1,469,337,112 contracts up 6 percent so far for 2014. Average daily volume for the year was also up 6 percent with 17,918,745 contracts traded.

On April 25 OCC successfully launched the first phase of its over-the-counter (OTC) S&P 500® equity index option clearing services.

Options: Exchange-listed options trading volume was 355,803,000 contracts in April, a 4 percent decrease compared to April 2013. Average daily options trading volume for the month was 16,943,000 contracts, 0.43 percent more than the same period last year. Year-to-date total options volume grew 6 percent over the same period last year with 1,446,102,568 contracts changing hands.

Futures: Futures cleared by OCC reached 5,051,580 contracts in April, down 4 percent from April 2013. OCC’s average daily cleared futures volume for April was 240,551 contracts, 1 percent more than the previous April. OCC's year-to-date cleared futures volume is up 25 percent with 23,234,544 contracts traded so far in 2014.

Securities Lending: OCC's securities lending CCP activity was down 22 percent in new loans from April 2013 with 95,152 transactions last month. Year-to-date stock loan activity is down 6 percent from the previous year with 385,940 new loan transactions so far in 2014. The average daily loan value at OCC in April was $94,392,698,578.

About OCC
OCC is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the Securities and Exchange Commission (SEC) as a Registered Clearing Agency and the Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. OCC now provides central counterparty (CCP) clearing and settlement services to 17 exchanges and trading platforms for options, financial and commodity futures, security futures and securities lending transactions. More information about OCC is available at http://www.theocc.com.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Jim Binder
+1 (312) 322-9853
Email >

Angela Kotso
(312) 322-6267
Email >