OCC Reports December 2023 and Total 2023 Volume Data

January 03, 2024

OCC, the world's largest equity derivatives clearing organization, announced today that year-to-date average daily volume through December 2023 was 44.4 million contracts. Total monthly volume for December 2023 was 916.2 million contracts.

Additionally, OCC announced that total annual volume for 2023 was 11.1 billion contracts.

Contract Volume – December 2023

	December 2023 Contracts	December 2022 Contracts	% Change	2023 YTD ADV	2022 YTD ADV	% Change
Equity Options	472,136,793	441,932,043	6.8%	22,459,448	22,263,715	0.9%
ETF Options	359,312,845	355,459,448	1.1%	17,909,142	15,980,514	12.1%
Index Options	80,740,089	68,148,774	18.5%	3,839,216	2,873,194	33.6%
Total Options	912,189,727	865,540,265	5.4%	44,207,806	41,117,423	7.5%
Futures	4,021,754	4,018,406	0.1%	223,346	219,643	1.7%
Total Volume	916,211,481	869,558,671	5.4%	44,431,152	41,337,066	7.5%

Contract Volume – Total 2023

	Total 2023 Volume	Total 2022 Volume	% Change
Equity Options	5,614,862,014	5,588,192,573	0.5%
ETF Options	4,477,285,403	4,011,109,056	11.6%
Index Options	959,804,023	721,171,637	33.1%
Total Options	11,051,951,440	10,320,473,266	7.1%
Futures	55,836,507	55,130,391	1.3%
Total Volume	11,107,787,947	10,375,603,657	7.1%

Securities Lending – December 2023

	December 2023 Avg. Daily Loan Value	December 2022 Avg. Daily Loan Value	% Change	December 2023 Total Transactions	December 2022 Total Transactions	% Change
Market Loan + Hedge Total	161,617,151,250	123,028,152,818	31.4%	213,019	201,485	5.7%

Securities Lending – Total 2023

	2023 Avg. Daily Loan Value	2022 Avg. Daily Loan Value	% Change	2023 Total Transactions	2022 Total Transactions	% Change
Market Loan + Hedge Total	137,307,199,811.40	125,520,566,856.63	9.39%	2,453,288	2,319,798	5.8%

Additional Data

Media Contact:
OCC Public Relations
[email protected]

About OCC

The Options Clearing Corporation (OCC) 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 20 exchanges and trading platforms. More information about OCC is available at www.theocc.com.