OCC Announces Average Daily Cleared Contract Volume Declined 8% In March

OCC announced that average daily cleared contract volume for the month was 15,831,521 contracts, an 8 percent decline from March 2012. Total cleared contract volume in March reached 316,630,411, a 17 percent decrease from the 379,763,970 contracts in March 2012, which had two more trading days. OCC's year-to-date total contract volume is down 6 percent from 2012 with 1,006,895,640 contracts, while average daily volume is down 3 percent at 16,781,594 contracts.

Options: Exchange-listed options trading volume reached 311,565,300 contracts in March, a 17 percent decrease from March 2012. Average daily options trading volume for the month was 15,578,265 contracts, a 9 percent decrease from the average daily volume of March 2012. Year-to-date total options trading volume is down 6 percent with 993,580,233 contracts in 2013. 

Futures: Futures cleared by OCC reached 5,065,111 contracts in March, up 44 percent from March 2012. OCC cleared an average of 253,256 futures contracts per day last month, a 58 percent increase from March 2012. OCC’s year-to-date cleared futures volume is up 76 percent with 13,315,407 contracts in 2013.

Securities Lending:  OCC's securities lending CCP activities saw a 15 percent increase in new loans over March 2012 with 95,686 transactions last month. Year-to-date stock loan activity is up 33 percent from 2012 with 286,576 new loan transactions in 2013. The average daily loan value at OCC in March was $52,367,602,922.