SOURCE: OCC

OCC

September 01, 2011 14:14 ET

OCC Announces New Monthly Volume Record With Over 550 Million Cleared Contracts in August

CHICAGO, IL--(Marketwire - Sep 1, 2011) - OCC announced today that total cleared contract volume reached 554,842,463 contracts in August, representing a 95 percent increase over the August 2010 volume of 285,128,314 contracts. This marks a new record volume month for OCC and the first time total cleared volume in a month surpassed a half billion contracts. The previous monthly volume record was set in March 2011 with 421,466,054 contracts. OCC year-to-date total volume is up 22 percent with 3,144,352,546 contracts.

Options: Exchange-listed options trading increased 94 percent over August 2010 and set a new monthly trading record of 550,049,407 contracts, 32 percent higher than the previous record of 417,188,575 contracts set in March 2011. Equity options trading rose 91 percent and index options trading rose 126 percent compared to the same period last year. During the month, 3 record trading days occurred on August 4th, 5th, and 8th for a combined total of 117,198,188 contracts. The current daily options trading volume record was set on Monday, August 8 with 41,535,560 contracts.

Futures: Futures cleared by OCC reached 4,793,056 in August, up 192 percent from August 2010. Index and other futures volume was up 247 percent with 4,284,314 contracts. Equity futures volume increased 25 percent with 507,238 contracts in August. OCC's year-to-date total futures volume is up 69 percent with 28,535,991 cleared contracts.

Securities Lending: OCC's stock loan program, including OTC and AQS, saw a 25 percent increase in new loan activity over August 2010 with 61,324 new loan transactions in August. Year-to-date securities lending activity is up 31 percent from 2010 with 523,958 new loan transactions in 2011. OCC's stock loan program had an average daily notional value of $13,321,571,557.

August 2011 Total Contract Volume August 2010 Total Contract Volume August Total Contract % Change vs. 2010 YTD. Avg. Daily Contract 2011 YTD. Avg. Daily Contract 2010 Avg. Daily Contract % Change vs. 2010
Equity Options 501,947,732 262,234,107 91 % 17,193,490 14,145,555 22 %
Index Options 48,101,675 21,253,003 126 % 1,353,037 1,194,173 13 %
Total Options 550,049,407 283,487,110 94 % 18,546,527 15,339,727 21 %
Equity Futures 507,238 407,036 25 % 14,496 21,547 -33 %
Index /
Other Futures
4,284,314 1,233,881 247 % 155,333 79,319 96 %
Options on Futures 1504 287 424 % 28 22 27 %
Total Futures 4,793,056 1,641,204 192 % 169,857 100,888 68 %
Total Volume 554,842,463 285,128,314 95 % 18,716,384 15,440,615 21 %

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 15 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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