OCC Announces Cleared Contract Volume Declined from Record Total in August while Securities Lending Activity Rose Significantly
CHICAGO (September 4, 2012) – OCC announced that cleared contract volume reached 313,781,757 contracts in August. This represents a 43 percent decrease from the all-time monthly volume record of 554,842,463 contracts posted in August 2011. OCC’s year-to-date total contract volume is down 13 percent at 2,724,369,214 contracts in 2012, on track for the second best annual volume in history. Securities lending activity at OCC in August jumped 50 percent over August 2011.
Options: Exchange-listed options trading volume was 310,936,920 contracts in August. This is 43 percent less than the all-time monthly volume record of 550,049,407 contracts traded in August 2011. August marked the 24th consecutive month the options industry has recorded at least 300 million contracts in trading volume, last falling below that level in August 2010. Year-to-date volume in 2012 stood at 2,701,857,820 contracts, which is 13 percent lower than the 3,115,816,555 contracts traded throughout the same period last year.
Futures: Futures cleared by OCC reached 2,844,837 contracts in August, down 41 percent from 2011. Equity futures came in at 433,498 contracts for the month, down 15 percent from August 2011. Index and other futures reached 2,411,339 contracts, down 44 percent from 2011. OCC is averaging 133,204 cleared futures contracts per day in 2012.
Securities Lending: OCC’s securities lending CCP activities saw a 50 percent increase in new loans over August 2011 with 92,072 transactions last month. Year-to-date stock loan activity is up 26 percent from 2011 with 663,934 new loan transactions in 2012. The average daily loan value at OCC in August was $32,844,809,346.