OCC Announces Cleared Contract Volume Declined 6% in November While 2014 Volume Is Up 3%

OCC cleared contract volume reached 298,563,036 contracts in November, a 6% decrease from November 2013. Year-to-date total cleared contract volume is up 3 percent with 3,972,331,230 contracts.


CHICAGO, Ill., Dec. 1, 2014 (GLOBE NEWSWIRE) -- via PRWEB - OCC announced today that total cleared contract volume in November was 298,563,036 contracts, a 6 percent decrease from the November 2013 volume of 318,233,056 contracts. OCC's year-to-date total cleared contract volume is up 3 percent from 2013 with 3,972,331,230 contracts.

Options: Exchange-listed options volume in November was 294,770,356 contracts, down 6 percent from November 2013. Average daily options trading volume this year is up 4 percent from 2013 with 17,003,308 contracts. Year-to-date total options trading volume is up 3 percent from 2013 with 3,910,760,808 contracts.

Futures: OCC cleared 3,792,680 futures contracts in November, up 1 percent from November 2013. OCC's year-to-date average daily cleared futures volume is up 15 percent from 2013 with 267,697 contracts. OCC's year-to-date total cleared futures volume reached 61,570,422 contracts last month, up 14 percent from 2013.

Securities Lending: OCC's securities lending CCP activity was up 10 percent in new loans from November 2013 with 93,996 transactions last month. Year-to-date stock loan activity is down 5 percent from 2013 with 1,088,736 new loan transactions in 2014. The average daily loan value cleared by OCC in November was $170,853,710,094.

About OCC

OCC is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the Securities and Exchange Commission (SEC) as a Registered Clearing Agency and the Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. OCC now provides central counterparty (CCP) clearing and settlement services to 16 exchanges and trading platforms for options, financial futures, security futures and securities lending transactions. More information about OCC is available at http://www.theocc.com.

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