SOURCE: OCC

OCC

July 01, 2011 11:53 ET

OCC Cleared Volume Increases 21% in June

CHICAGO, IL--(Marketwire - Jul 1, 2011) - OCC announced today that total cleared volume in June reached 376,877,261 contracts, a 21 percent increase from the June 2010 volume of 311,231,916 contracts. First half total cleared volume was 2,238,392,970 contracts, 11 percent higher than the first half last year. OCC's securities lending clearing also continued its growth in June with a 13 percent increase in transactions processed from the previous June.

Options: Exchange-listed options trading volume rose 21 percent in June, with 372,928,893 contracts changing hands. Index options volume increased 27 percent from the previous June with 30,398,305 contracts traded. Year-to-date average daily volume for exchange-listed options was up 10 percent compared to the same period last year with 16,526,167 contracts.

Futures: Futures cleared by OCC reached 3,948,368 contracts in June, up 101 percent from June 2010. Index and other futures volume was up 136 percent with 3,554,409 contracts changing hands. OCC's year-to-date total futures volume is up 56 percent in 2011 with 20,843,993 cleared contracts.

Securities Lending: OCC's stock loan program, including OTC and AQS, saw a 13 percent increase in new loan activity over June 2010 with 68,369 new loan transactions. Year-to-date securities lending activity in the first half of 2011 is up 40 percent from 2010 with 399,146 new loan transactions. OCC's stock loan program had an average daily notional value of $14,547,903,456.

June 2011 Total Contract Volume June 2010 Total Contract Volume June Total Contract % Change vs. 2010 YTD. Avg. Daily Contract 2011 YTD. Avg. Daily Contract 2010 Avg. Daily Contract % Change vs. 2010
Equity Options 342,530,588 285,302,265 20.06% 16,526,167 14,863,006 11.19%
Index Options 30,398,305 23,960,601 26.87% 1,214,225 1,273,100 -4.62%
Total Options 372,928,893 309,262,866 20.59% 17,740,392 16,136,106 9.94%
Equity Futures 393,546 459,640 -14.38% 14,497 20,901 -30.64%
Index /
Other Futures
3,554,409 1,509,034 135.54% 152,240 86,592 75.81%
Options on Futures 413 376 9.84% 15 24 -37.50%
Total Futures 3,948,368 1,969,050 100.52% 166,752 107,517 55.09%
Total Volume 376,877,261 311,231,916 21.09% 17,907,144 16,243,623 10.24%

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. In 1993, OCC became the first clearinghouse to receive a 'AAA' credit rating from Standard & Poor's Corporation, and has continued to receive that high rating every year as a result of its risk management standards. More information about OCC is available at www.theocc.com.

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