OCC Announces Cleared Contract Volume Rose 4% in August

News provided by

OCC

Sep 03, 2013, 17:20 ET

Chicago, Ill. (PRWEB) September 03, 2013 -- OCC announced today that total cleared contract volume in August reached 326,697,656 contracts, representing a 4 percent increase from the August 2012 volume of 313,781,757 contracts. OCC's year-to-date total cleared contract volume is up 3 percent from 2012 with 2,797,892,003 contracts.

Options: Exchange-listed options trading volume reached 321,976,044 contracts in August, a 4 percent increase from the August 2012 volume of 310,936,920 contracts. Average daily options trading volume for the month came in at 14,635,274 contracts, 8 percent higher than August of last year. Year-to-date options trading volume is up 2 percent from 2012 with 2,758,963,425 contracts.

Futures: Futures cleared by OCC reached 4,721,612 contracts in August, up 66 percent from the August 2012 volume of 2,844,837 contracts. OCC cleared an average of 214,619 futures contracts per day last month, 74 percent higher than August 2012. OCC's year-to-date total cleared futures volume is up 73 percent from 2012 with 38,928,578 contracts.

Securities Lending: OCC's securities lending CCP activities saw a 21 percent increase in new loans from August 2012 with 111,786 transactions last month. Year-to-date stock loan activity is up 30 percent from 2012 with 873,414 new loan transactions in 2013. The average daily loan value at OCC in August was $60,482,388,417.

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 18 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.

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Jim Binder, OCC, http://www.theocc.com, 312.322.9853, [email protected]