Cleared contract volume on OCC, the equity derivatives clearing organization, rose 5% year on year in May to 380,417,938 contracts, although total volumes this year are down 5% over the same time period last year.
Exchange-listed options volume rose 5% from May 2011, the highest monthly total volume so far in 2012. Year-to-date options trading volume is down 5% from 2011.
Futures cleared by OCC fell 14% in May. Equity futures fell 2%, although year-to-date average daily volume remains up 20%. Index and other futures are down 15%.
OCC’s stock loan program, including OTC and AQS, saw a 30% increase in new loan activity over May 2011 with 83,144 new loan transactions in May. Year-to-date securities lending activity is up 14% from 2011 with an average daily notional value of $32,519,734,680.
(CG)