OCC Cleared Contract Volume Declined 6% In November While Year-To-Date Volume Is Up 3%

OCC announced today that cleared contract volume in November reached 318,233,056 contracts, a 6 percent decrease from the November 2012 volume of 339,206,527 contracts. Despite this monthly volume decline, OCC reported a year-to-date increase in options, futures and securities lending activity. OCC’s year-to-date total cleared contract volume reached 3,844,949,842 contracts in November, up 3 percent from 2012.

Options: Exchange-listed options volume in November was 314,465,376 contracts, a 6 percent decrease from November 2012. Average daily options volume this year stands at 16,411,543 contracts, up 2 percent from 2012. Year-to-date total options trading volume is up 3 percent from 2012 with 3,791,066,303 contracts.

Futures: Futures cleared by OCC reached 3,767,680 contracts in November, a 2 percent increase from November 2012. OCC’s year-to-date average daily cleared futures volume is up 59 percent from 2012 with 233,262 contracts. OCC's year-to-date total cleared futures volume is up 60 percent with 53,883,539 contracts in 2013.

Securities Lending: OCC's securities lending CCP activities saw an 18 percent increase in new loans from November 2012 with 85,810 transactions last month. Year-to-date stock loan activity is up 27 percent from 2012 with 1,140,434 new loan transactions in 2013. The average daily loan value at OCC in November was 76,701,389,064, marking the highest average notional value to date.