OCC Year-To-Date Cleared Contract Volume Up 19% Passing 4 Billion Contracts In November

OCC announced today that year-to-date cleared contract volume is up 19 percent with 4,278,547,237 contracts, passing 4 billion contracts for the first time ever in November. OCC cleared contract volume in November reached 346,584,214 contracts, a 2 percent decrease from the November 2010 volume of 354,897,569 contracts. OCC's year-to-date average daily contract volume stands at 18,521,850 contracts, nearly 3 million contracts higher than the average daily volume of 2010.

Options: Exchange-listed options trading volume reached 344,377,310 contracts in November, a 2 percent decrease from November 2010. Index options trading volume in November was up 16 percent from 2010 with 26,880,172 contracts. Total options volume year-to-date through November was 4,242,423,240 contracts, 19 percent higher than at the same point last year.

Futures: OCC cleared 2,206,904 futures contracts in November, a decrease of 23 percent from November 2010. OCC equity futures cleared volume reached 358,037 contracts in November, a 63 percent increase over the same month last year. Year-to-date total contract volume for futures cleared by OCC has reached 36,123,997, more than double the volume at the same point last year.

Securities Lending: OCC's stock loan program, including OTC and AQS, saw new loan activity fall 17 percent compared to November 2010 with 52,838 new loan transactions in November. Despite this decline, year-to-date securities lending activity is up 33 percent from 2010 with 698,597 new loan transactions in 2011. OCC's stock loan program had an average daily notional value of $19,903,866,686.