SOURCE: OCC

OCC

May 01, 2013 12:41 ET

OCC Announces Cleared Contract Volume Rose 17% in April

CHICAGO, IL--(Marketwired - May 1, 2013) - OCC announced that cleared contract volume for the month was 376,392,187 contracts, a 17 percent increase from April 2012. OCC's year-to-date total contract volume is down half a percent from April 2012 with 1,383,287,827 contracts.

Options: Exchange-listed options trading volume reached 371,147,433 contracts in April, a 16 percent increase from April 2012 and the highest April volume level ever recorded. Average daily volume in April came in at 16,870,338 contracts, 6 percent more than the 15,982,030 contracts in April of last year. Year-to-date volume stood at 1,364,727,666 contracts, down 1 percent from the 1,380,749,815 contracts at the same point last year. 

Futures: Futures cleared by OCC reached 5,244,754 contracts in April, up 123 percent from April 2012. OCC cleared an average of 238,398 futures contracts per day last month, a 103 percent increase from April 2012. OCC's year-to-date cleared futures volume is up 87 percent with 18,560,161 contracts in 2013.

Securities Lending: OCC's securities lending CCP activities saw a 53 percent increase in new loans over April 2012 with 121,910 transactions last month. Year-to-date stock loan activity is up 38 percent from 2012 with 408,486 new loan transactions in 2013. The average daily loan value at OCC in March was $48,863,005,728.

    April 2013 Total Contract Volume   April 2012 Total Contract Volume   Total Contract % Change vs. 2012       YTD. Avg. Daily Contract 2013   YTD. Avg. Daily Contract 2012   Avg. Daily Contract % Change vs. 2012  
Equity Options   337,754,380   295,433,916   14.32 %     15,080,973   15,609,045   -3.38 %
Index Options   33,393,053   24,206,690   37.95 %     1,562,045   1,229,367   27.06 %
Debt Options   0   0   n/a       2   0   n/a  
Total Options   371,147,433   319,640,606   16.11 %     16,643,021   16,838,413   -1.16 %
Equity Futures   567,897   228,685   148.33 %     31,874   17,753   79.54 %
Index / Other Futures   4,676,857   2,119,746   120.63 %     194,469   103,325   88.21 %
Total Futures   5,244,754   2,348,431   123.33 %     226,343   121,079   86.94 %
Total Volume   376,392,187   321,989,037   16.90 %     16,869,364   16,959,492   -0.53 %

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 www.theocc.com.

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