OCC Clears 877.9M Contracts in July 2023

August 2, 2023 9:00 AM EDT

CHICAGO--(BUSINESS WIRE)-- OCC, the world's largest equity derivatives clearing organization, announced today that year-to-date average daily volume through July 2023 was 44.6 million contracts, up 9.9 percent compared to year-to-date average daily volume through July 2022. Total volume was 877.9 million contracts, up 18.3 percent compared to July 2022.

Highlights

  • ETF options cleared contract volume up 13.6% year-over-year
  • Index options cleared contract volume up 41.2% year-over-year
  • Total options cleared contract volume up 10% year-over-year

Contract Volume

 

July 2023

Contracts

July 2022

Contracts

% Change

2023 YTD

ADV

2022 YTD

ADV

% Change

Equity Options

496,358,986

393,918,967

26.0%

23,143,051

22,278,089

3.9%

ETF Options

307,560,999

291,440,663

5.5%

17,606,244

15,504,556

13.6%

Index Options

69,718,108

52,904,255

31.8%

3,645,875

2,581,416

41.2%

Total Options

873,638,093

738,263,885

18.3%

44,395,170

40,364,061

10.0%

Futures

4,244,766

3,778,337

12.3%

214,421

232,766

-7.9%

Total Volume

877,882,859

742,042,222

18.3%

44,609,591

40,596,827

9.9%

Securities Lending

 

July 2023 Avg.

Daily Loan

Value

July 2022 Avg.

Daily Loan

Value

%

Change

July 2023

Total

Transactions

July 2022

Total

Transactions

%

Change

Market Loan + Hedge Total

136,247,037,293

119,636,297,571

13.9%

189,181

172,365

9.8%

Additional Data

About OCC

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.

©2023. The Options Clearing Corporation. All rights reserved.

OCC Public Relations
[email protected]

Source: OCC



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