OCC, the world's largest equity derivatives clearing organization, announced today that year-to-date average daily volume through April 2023 was 44.9 million contracts, up 7.2 percent compared to year-to-date average daily volume through April 2022. Total volume was 764.3 million contracts, down 2.4 percent compared to April 2022.
Highlights
- Index options cleared contract volume up 43.2% year-over-year
- Equity options cleared contract volume down 12% year-over-year
- Average daily volume up 7.2% year-over-year
Contract Volume
April 2023 Contracts | April 2022 Contracts | % Change | 2023 YTD ADV | 2022 YTD ADV | % Change | |
Equity Options | 384,604,951 | 436,975,760 | -12.0% | 22,783,092 | 23,786,893 | -4.2% |
ETF Options | 308,942,605 | 294,430,211 | 4.9% | 18,258,627 | 15,396,800 | 18.6% |
Index Options | 67,261,317 | 46,973,323 | 43.2% | 3,604,300 | 2,415,624 | 49.2% |
Total Options | 760,808,873 | 778,379,294 | -2.3% | 44,646,019 | 41,599,317 | 7.3% |
Futures | 3,538,461 | 4,372,707 | -19.1% | 221,283 | 246,978 | -10.4% |
Total Volume | 764,347,334 | 782,752,001 | -2.4% | 44,867,302 | 41,846,295 | 7.2% |
Securities Lending
April 2023 Avg. Daily Loan Value | April 2022 Avg. Daily Loan Value | % Change | April 2023 Total Transactions | April 2022 Total Transactions | % Change | |
Market Loan + Hedge Total | 132,318,643,460 | 134,242,717,203 | -1.4% | 184,553 | 189,502 | -2.6% |