OCC, the world's largest equity derivatives clearing organization, announced today that year-to-date average daily volume through July 2023 was 44.6 million contracts, up 9.9 percent compared to year-to-date average daily volume through July 2022. Total volume was 877.9 million contracts, up 18.3 percent compared to July 2022.
Highlights
- ETF options cleared contract volume up 13.6% year-over-year
- Index options cleared contract volume up 41.2% year-over-year
- Total options cleared contract volume up 10% year-over-year
Contract Volume
July 2023 Contracts | July 2022 Contracts | % Change | 2023 YTD ADV | 2022 YTD ADV | % Change | |
Equity Options | 496,358,986 | 393,918,967 | 26.0% | 23,143,051 | 22,278,089 | 3.9% |
ETF Options | 307,560,999 | 291,440,663 | 5.5% | 17,606,244 | 15,504,556 | 13.6% |
Index Options | 69,718,108 | 52,904,255 | 31.8% | 3,645,875 | 2,581,416 | 41.2% |
Total Options | 873,638,093 | 738,263,885 | 18.3% | 44,395,170 | 40,364,061 | 10.0% |
Futures | 4,244,766 | 3,778,337 | 12.3% | 214,421 | 232,766 | -7.9% |
Total Volume | 877,882,859 | 742,042,222 | 18.3% | 44,609,591 | 40,596,827 | 9.9% |
Securities Lending
July 2023 Avg. Daily Loan Value | July 2022 Avg. Daily Loan Value | % Change | July 2023 Total Transactions | July 2022 Total Transactions | % Change | |
Market Loan + Hedge Total | 136,247,037,293 | 119,636,297,571 | 13.9% | 189,181 | 172,365 | 9.8% |