OCC cleared contract volume up in 2013
03 December 2013 Chicago
Image: Shutterstock
The Options Clearing Corporation, the equity derivatives clearing organisation, has confirmed that cleared contract volume in November reached 318,233,056 contracts, a 6 percent decrease from the November 2012 volume of 339,206,527.
Despite this monthly volume decline, the OCC reported a year-to-date increase in options, futures and securities lending activity. OCC’s year-to-date total cleared contract volume reached 3,844,949,842 contracts in November, up 3 percent from 2012.
The firms securities lending CCP activities saw an 18 percent increase in new loans from November 2012 with 85,810 transactions last month. Year-to-date stock loan activity is up 27 percent from 2012 with 1,140,434 new loan transactions in 2013. The average daily loan value at OCC in November was 76,701,389,064, marking the highest average notional value to date.
Despite this monthly volume decline, the OCC reported a year-to-date increase in options, futures and securities lending activity. OCC’s year-to-date total cleared contract volume reached 3,844,949,842 contracts in November, up 3 percent from 2012.
The firms securities lending CCP activities saw an 18 percent increase in new loans from November 2012 with 85,810 transactions last month. Year-to-date stock loan activity is up 27 percent from 2012 with 1,140,434 new loan transactions in 2013. The average daily loan value at OCC in November was 76,701,389,064, marking the highest average notional value to date.
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