SOURCE: OCC

OCC

November 01, 2011 14:17 ET

OCC Announces Total Cleared Volume Rose 14 Percent in October

CHICAGO, IL--(Marketwire - Nov 1, 2011) - OCC announced today that total cleared contract volume reached 393,461,669 contracts in October, representing a 14 percent increase over the October 2010 volume of 344,148,365 contracts. OCC year-to-date total contract volume is up 22 percent with 3,931,963,023 contracts in 2011.

Options: Exchange-listed options trading for the month of October was up 14 percent from the previous year. Equity options trading volume in October reached 360,081,121 contracts, a 13 percent increase over October 2010. Total options volume year-to-date through October was 3,898,045,930 contracts, 22 percent higher than at the same point last year.

Futures: Futures cleared by OCC reached 2,479,233 contracts in October, up 16 percent from October 2010. Index and other futures volume reached 2,308,363 contracts in October, a 16 percent increase over October 2010. OCC year-to-date futures volume is more than double that of 2010 with 33,917,093 contracts cleared in 2011.

Securities Lending: OCC's stock loan program, including OTC and AQS, saw new loan activity fall 7 percent compared to October 2010 with 59,034 new loan transactions in October. Despite this decline, year-to-date securities lending activity is up 23 percent from 2010 with 645,759 new loan transactions in 2011. OCC's stock loan program had an average daily notional value of 15,701,330,407.

October 2011 Total Contract Volume October 2010 Total Contract Volume October Total Contract % Change vs. 2010 YTD. Avg. Daily Contract 2011 YTD. Avg. Daily Contract 2010 Avg. Daily Contract % Change vs. 2010
Equity Options 360,081,121 319,169,334 13% 17,182,885 14,168,294 21%
Index Options 30,901,315 22,836,877 35% 1,379,238 1,170,538 18%
Total Options 390,982,436 342,006,211 14% 18,562,123 15,338,832 21%
Equity Futures 170,470 157,667 8% 13,276 19,689 -33%
Index /
Other Futures
2,308,363 1,983,877 16% 148,204 79,652 86%
Options on Futures 400 610 -34% 30 22 36%
Total Futures 2,479,233 2,142,154 16% 161,510 99,364 63%
Total Volume 393,461,669 344,148,365 14% 18,723,633 15,438,196 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.

Contact Information