OCC Announces Total Cleared Contract Volume Increased 6 Percent Year-To-Date

OCC announced today that total cleared contract volume in April reached 360,854,580 contracts, which is 4 percent less than the previous April with one less trading day. OCC's year-to-date cleared contract volume stood at 1,469,337,112 contracts up 6 percent so far for 2014. Average daily volume for the year was also up 6 percent with 17,918,745 contracts traded.

On April 25 OCC successfully launched the first phase of its over-the-counter (OTC) S&P 500® equity index option clearing services.

Options: Exchange-listed options trading volume was 355,803,000 contracts in April, a 4 percent decrease compared to April 2013. Average daily options trading volume for the month was 16,943,000 contracts, 0.43 percent more than the same period last year. Year-to-date total options volume grew 6 percent over the same period last year with 1,446,102,568 contracts changing hands.

Futures: Futures cleared by OCC reached 5,051,580 contracts in April, down 4 percent from April 2013. OCC’s average daily cleared futures volume for April was 240,551 contracts, 1 percent more than the previous April. OCC's year-to-date cleared futures volume is up 25 percent with 23,234,544 contracts traded so far in 2014.

Securities Lending:  OCC's securities lending CCP activity was down 22 percent in new loans from April 2013 with 95,152 transactions last month. Year-to-date stock loan activity is down 6 percent from the previous year with 385,940 new loan transactions so far in 2014. The average daily loan value at OCC in April was $94,392,698,578.

About OCC