OCC cleared contract volume for 2013 rose 3% from 2012, with a total of 4,170,855,768 contracts compared to 4,042,175,801 contracts in 2012. 2013 was OCC’s second highest year for cleared contract volume, behind 2011, and it was a record year for futures and securities lending activity.
OCC also ended the year with a total increase of 3% in December, clearing 325,905,926 contracts compared to 317,190,974 contracts in December 2012.
For futures, OCC’s cleared 56% more contracts in 2013 than in 2012, and for December, activity rose 22% over December 2012. OCC cleared an average of 236,429 futures contracts per day in 2013.
Securities lending activity using OCC as a CCP rose 26% from 2012 to 2013 with 1,233,708 new loan transactions in 2013. December marked an 8% increase in securities lending activity year over year. The average daily loan value at OCC in December was $72,489,182,819.
Exchange-listed options volume passed 4 billion contracts for the third consecutive year, rising 3% from 2012 to 4,111,275,659 contracts. December’s options activity also rose 2% from December 2012. OCC cleared an average of 16,314,586 options contracts per day in 2013.
OCC Cleared Contract Volume Rises 3% in 2013
OCC cleared contract volume for 2013 rose 3% from 2012, with a total of 4,170,855,768 contracts compared to 4,042,175,801 contracts in 2012.