OCC, the world's largest equity derivatives clearing organization, announced today that year-to-date average daily volume through January 2023 was 46.2 million contracts, up 2.9 percent compared to year-to-date average daily volume through January 2022. Total volume was 923.2 million contracts, up 2.9 percent compared to January 2022 and the third highest month in OCC’s history.
Highlights
- ETF options cleared contract volume up 15.6% year-over-year
- Index options cleared contract volume up 31.7% year-over-year
- Total options cleared contract volume up 3.1% year-over-year
Contract Volume – January 2022
| January 2023 Contracts | January 2022 Contracts | % Change | 2023 YTD ADV | 2022 YTD ADV | % Change | |
| Equity Options | 490,385,534 | 527,485,192 | -7.0% | 24,519,277 | 26,374,260 | -7.0% |
| ETF Options | 360,913,765 | 312,337,990 | 15.6% | 18,045,688 | 15,616,900 | 15.6% |
| Index Options | 67,999,957 | 51,617,316 | 31.7% | 3,399,998 | 2,580,866 | 31.7% |
| Total Options | 919,299,256 | 891,440,498 | 3.1% | 45,964,963 | 44,572,026 | 3.1% |
| Futures | 3,884,674 | 6,117,218 | -36.5% | 194,234 | 305,861 | -36.5% |
| Total Volume | 923,183,930 | 897,557,716 | 2.9% | 46,159,197 | 44,877,887 | 2.9% |
Securities Lending
| January 2023 Avg. Daily Loan Value | January 2022 Avg. Daily Loan Value | % Change | January 2023 Total Transactions | January 2022 Total Transactions | % Change | |
| Market Loan + Hedge Total | 121,395,862,984 | 132,125,002,110 | -8.1% | 177,214 | 177,228 | -0.01% |
Additional Data
About OCC
The Options Clearing Corporation (OCC), named Risk Magazine’s 2022 Clearing House of the Year, is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.