CHICAGO (November 1, 2012) OCC announced average daily cleared contract volume in October was 15,598,902 contracts, a 17 percent decline from October 2011. Total cleared contract volume reached 327,576,945 contracts for the month, representing a 17 percent decline from the October 2011 volume of 393,461,669 contracts. OCC’s year-to-date total contract volume is down 14 percent with 3,385,778,300 contracts in 2012.
These figures reflect two fewer trading days due to the market shutdown caused by Hurricane Sandy on October 29 and October 30, 2012.
Options: Average daily options trading volume in October was 15,444,282 contracts, 17 percent lower than October 2011. Total options trading volume for the month reached 324,329,913 contracts, a 17 percent decline from October 2011. Year-to-date options trading volume is down 14 percent with 3,355,815,364 contracts.
Futures: Futures cleared by OCC reached 3,247,032 contracts in October, a 31 percent increase from October 2011. Equity futures reached 424,573 contracts this month, up 149 percent from 2011. Index and other futures volume came in at 2,822,459 contracts in October, up 22 percent from October 2011. OCC has cleared a total 29,962,936 futures contracts year-to-date in 2012.
Securities Lending: OCC’s securities lending CCP activities saw a 31 percent increase in new loans over October 2011 with 77,292 transactions last month. Year-to-date stock loan activity is up 26 percent from 2011 with 813,950 new loan transactions in 2012. The average daily loan value at OCC in October was $33,859,391,708.