OCC, the world's largest equity derivatives clearing organization,announced today that year-to-date average daily volume through February 2023 was 46.4 million contracts, up 6.2 percent compared to year-to-date average daily volume through February 2022. Total volume was 887.6 million contracts, up 9.9 percent compared to February 2022 and the highest total volume for the month of February in OCC’s history.
Highlights
- Index options cleared contract volume up 45.7% year-over-year
- ETF options cleared contract volume up 12.6% year-over-year
- Total options cleared contract volume up 9.9% year-over-year
Contract Volume – February 2022
February 2023 Contracts | February 2022 Contracts | % Change | 2023 YTD ADV | 2022 YTD ADV | % Change | |
Equity Options | 470,542,719 | 449,210,935 | 4.7% | 24,639,186 | 25,043,490 | -1.6% |
ETF Options | 345,614,206 | 306,909,480 | 12.6% | 18,116,102 | 15,878,140 | 14.1% |
Index Options | 67,077,830 | 46,040,621 | 45.7% | 3,463,533 | 2,504,050 | 38.3% |
Total Options | 883,234,755 | 802,161,036 | 10.1% | 46,218,821 | 43,425,680 | 6.4% |
Futures | 4,316,963 | 5,180,038 | -16.7% | 210,298 | 289,673 | -27.4% |
Total Volume | 887,551,718 | 807,341,074 | 9.9% | 46,429,119 | 43,715,353 | 6.2% |
Securities Lending
February 2023 Avg. Daily Loan Value | February 2022 Avg. Daily Loan Value | % Change | February 2023 Total Transactions | February 2022 Total Transactions | % Change | |
Market Loan + Hedge Total | 117,615,756,215 | 134,062,056,009 | -12.3% | 173,888 | 176,043 | -1.22% |