OCC Announces Cleared Contract Volume Rose 24% In October Reaching 400 Million Contracts

OCC announced today that cleared contract volume in October reached 407,220,455 contracts, representing a 24 percent increase from the October 2012 volume of 327,576,945 contracts. This marks the first time since August 2011 that cleared contract volume hit 400 million contracts in a single month and the fourth time in history. OCC's year-to-date total cleared contract volume is up 4 percent from 2012 with 3,526,716,786 contracts.

Options: Exchange-listed options trading volume reached 401,726,200 contracts in October, a 24 percent increase from the 324,329,913 contracts traded in October 2012. Average daily options volume in 2013 is 16,476,782 contracts, 3 percent higher than the same time last year.  Year-to-date total options trading volume is up 4 percent with 3,476,600,927 contracts in 2013.

Futures: OCC cleared 5,494,255 futures contracts in October, a 69 percent increase from October 2012. OCC’s average daily cleared futures volume is up 66 percent from 2012 with 237,516 contracts. OCC’s year-to-date total cleared futures volume is up 67 percent from 2012 with 50,115,859 contracts.

Securities Lending: OCC's securities lending CCP activities saw a 26 percent increase in new loans from October 2012 with 97,472 transactions last month. Year-to-date stock loan activity is up 28 percent from 2012 with 1,054,624 new loan transactions in 2013. The average daily loan value at OCC in October was $70,720,228,408, marking the highest average notional value to date.