OCC Cleared Contract Volume Reached 4 Billion Contracts In 2012

OCC announced today the total cleared contract volume in 2012 reached 4,042,175,801 contracts, a 12 percent decline from  the 2011 record volume of 4,600,955,949 contracts.  Despite this decline, 2012 marks the second highest year for OCC cleared contract volume to date and the second consecutive year OCC volume has surpassed 4 billion contracts.

OCC ended the year with 317,190,974 cleared contracts in December, a 2 percent decline from the December 2011 volume of 322,408,712 contracts.

Options: Exchange-listed options trading in December reached 312,528,471 contracts, a 2 percent decline from December 2011. Average daily options volume for the month was 15,626,424, up 2% from December of last year. Total options volume for the year reached 4,003,871,308 contracts, a 12 percent decline from the 2011 record volume of 4,562,748,194 contracts.

Futures: Futures cleared by OCC reached 4,662,503 contracts in December, a 124 percent increase from December 2011. OCC cleared an average of 153,218 futures contracts per day in 2012, 1,600 contracts higher than the daily average of 2011. OCC’s annual cleared futures volume reached 38,304,493 contracts in 2012, passing 2011’s volume of 38,207,755 contracts, and marking a new record year for OCC futures activity.   

Securities Lending: OCC's securities lending CCP activities saw a 92 percent increase in new loans over December 2011 with 86,694 transactions last month. OCC’s annual stock loan activity was up 31 percent from 2011 with 973,384 new loan transactions in 2012. OCC’s stock loan program ended the year with an average daily loan value of $35,891,601,372.