The Options Clearing Corporation (OCC) announced today that total OCC volume reached 264,435,951 contracts in February. This represents a 3 percent increase over the February 2009 volume of 256,464,343 contracts. OCC year to date total volume is up 12% from 2009, coming in at 577,974,825 contracts.
Options: Exchange-listed options trading in the U.S for the month of February was up 2% from the previous year. Index options trading rose 28% higher than the previous February with 22,511,881 contracts. Expansion of OCC’s options clearing business continues to grow as BATS Options recently joined OCC’s participant exchanges.
Futures: Futures cleared by OCC in February rose to 2,001,726 from 165,392 in February 2009. This increase is due to the addition of new futures exchanges just coming online with OCC early last year. Equity futures had an increase of 139% over the same month last year.
Securities Lending: OCC's stock loan program, including OTC and AQS,
saw an average daily notional value of $13,481,461,210, a 1 percent increase
from January. As OCC expanded its stock loan program last year, it also changed
the program measurement process. Therefore, precise year-on-year data will not
be available until mid-year. However, the past year has seen a noticeable trend
toward increasing average daily stock loan transactions.
Feb. 2010 Total Contract Volume | Feb. 2009 Total Contract Volume | Feb. Total Contract % Change vs. 2009 | YTD. Avg. Daily Contract 2010 | YTD. Avg. Daily Contract 2009 | YTD. Avg. Daily Contract % Change vs. 2009 | |
Equity Options | 239,922,344 | 238,866,795 | 0.44% | 13,917,417 | 12,265,551 | 13% |
Index Options | 22,511,881 | 17,597,548 | 28% | 1,187,735 | 921,060 | 29% |
Total Options | 262,434,225 | 256,464,343 | 2% | 15,105,152 | 13,186,611 | 15% |
Equity Futures | 296,470 | 124,132 | 139% | 17,411 | 7,121 | 145% |
Index /Other Futures | 1,704,815 | 41,260 | 4032% | 87,271 | 2,120 | 4017% |
Options on Futures | 441 | 0 | N/A | 31 | 0 | N/A |
Total Futures | 2,001,726 | 165,392 | 1110% | 104,712 | 9,241 | 1033% |
Total Volume | 264,435,951 | 256,629,735 | 3% | 15,209,864 | 13,195,852 | 15% |