OCC Cleared Contract Volume Declined 6% in March, Stock Loan Activity Rose 17%

OCC cleared contract volume in March was 341,593,001 contracts, a 6 percent decrease from March 2014. Stock loan activity was up 17 percent with 114,342 transactions last month.


CHICAGO, April 1, 2015 (GLOBE NEWSWIRE) -- via PRWEB - OCC, the world's largest equity derivatives clearing organization, announced today that total cleared contract volume in March was 341,593,001 contracts, representing a 6 percent decrease from the March 2014 volume of 362,379,835 contracts. OCC's year-to-date average daily cleared contract volume is down 9 percent from 2014 with 16,500,170 contracts. Stock loan activity at OCC in March was up 17 percent from March 2014.

Options: Exchange-listed options volume reached 337,034,588 contracts in March, a 5 percent decrease from March 2014. Average daily options volume this year is down 9 percent from 2014 with 16,275,861 contracts.

Equity options volume in March reached 308,209,312 contracts, a 4 percent decrease from March 2014. Index options volume for the month was down 15 percent with 28,825,276 contracts.

Futures: OCC cleared futures volume in March was 4,558,413 contracts, a 33 percent decrease from March 2014. Year-to-date average daily cleared futures volume at OCC is down 25 percent from 2014 with 224,309 contracts.

Securities Lending: OCC's securities lending CCP activity was up 17 percent in new loans from March 2014 with 114,342 transactions last month. Year-to-date stock loan activity is up 10 percent from 2014 with 317,464 new loan transactions in 2015. The average daily loan value cleared by OCC in March was $175,202,462,719.

About OCC

OCC is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) as a Registered Clearing Agency and the U.S. 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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