OCC, the world's largest equity derivatives clearing organization, announced today that year-to-date average daily volume through May 2023 was 44.5 million contracts, up 6.6 percent compared to year-to-date average daily volume through May 2022. Total volume was 949.1 million contracts, up 9.5 percent compared to May 2022 and the third highest month in OCC’s history.
Highlights
- Index options cleared contract volume up 32.5% year-over-year
- Total options cleared contract volume up 9.7% year-over-year
- Stock loan total transaction volume up 4.4% year-over-year
Contract Volume
| May 2023 Contracts | May 2022 Contracts | % Change | 2023 YTD ADV | 2022 YTD ADV | % Change | |
| Equity Options | 487,524,400 | 455,273,770 | 7.1% | 22,650,047 | 23,357,272 | -3.0% |
| ETF Options | 376,765,302 | 345,400,938 | 9.1% | 18,016,642 | 15,611,054 | 15.4% |
| Index Options | 80,244,487 | 60,569,234 | 32.5% | 3,613,522 | 2,511,169 | 43.9% |
| Total Options | 944,534,189 | 861,243,942 | 9.7% | 44,280,211 | 41,479,495 | 6.8% |
| Futures | 4,549,352 | 5,236,379 | -13.1% | 218,187 | 247,462 | -11.8% |
| Total Volume | 949,083,541 | 866,480,321 | 9.5% | 44,498,398 | 41,726,957 | 6.6% |
Securities Lending
| May 2023 Avg. Daily Loan Value | May 2022 Avg. Daily Loan Value | % Change | May 2023 Total Transactions | May 2022 Total Transactions | % Change | |
| Market Loan + Hedge Total | 127,977,137,215 | 127,290,145,307 | 0.5% | 212,269 | 203,316 | 4.4% |
