CHICAGO, IL — (Marketwire) — 11/01/11 — OCC announced today that total cleared contract volume reached 393,461,669 contracts in October, representing a 14 percent increase over the October 2010 volume of 344,148,365 contracts. OCC year-to-date total contract volume is up 22 percent with 3,931,963,023 contracts in 2011.
Exchange-listed options trading for the month of October was up 14 percent from the previous year. Equity options trading volume in October reached 360,081,121 contracts, a 13 percent increase over October 2010. Total options volume year-to-date through October was 3,898,045,930 contracts, 22 percent higher than at the same point last year.
Futures cleared by OCC reached 2,479,233 contracts in October, up 16 percent from October 2010. Index and other futures volume reached 2,308,363 contracts in October, a 16 percent increase over October 2010. OCC year-to-date futures volume is more than double that of 2010 with 33,917,093 contracts cleared in 2011.
OCC-s stock loan program, including OTC and AQS, saw new loan activity fall 7 percent compared to October 2010 with 59,034 new loan transactions in October. Despite this decline, year-to-date securities lending activity is up 23 percent from 2010 with 645,759 new loan transactions in 2011. OCC-s stock loan program had an average daily notional value of 15,701,330,407.
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 15 exchanges and trading platforms for options, financial and commodity futures, security futures and securities lending transactions. More information about OCC is available at .
Jim Binder
312-322-9853
Caroline Davis
312-322-1923