CORRECTING and REPLACING OCC Clears Record-Setting 10.38 Billion Total Contracts in 2022
CHICAGO--(BUSINESS WIRE)--Jan 4, 2023--
In the third bullet under “Highlights,” release should read ″ Stock Loan transaction volume up 24.9% year-over-year” (instead of “Stock Loan transaction volume up 8.6% year-over-year”).
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OCC clears 10.38 billion contracts in 2022 (Photo: Business Wire)
The updated release reads:
OCC CLEARS RECORD-SETTING 10.38 BILLION TOTAL CONTRACTS IN 2022
OCC, the world’s largest equity derivatives clearing organization, announced today that 2022 set a new annual cleared contract volume record with 10.38 billion contracts cleared and an average daily volume of 41.3 million contracts. Compared to 2021, OCC had a 4.5 percent increase in total contracts cleared.
Highlights
- December ETF options cleared contract volume up 33.5% year-over-year; annual ETF options cleared contract volume up 48.7%
- December index options cleared contract volume up 34.1% year-over-year; annual Index options cleared contract volume up 43.3%
- Stock Loan transaction volume up 24.9% year-over-year
Contract Volume – December 2022
| December 2022 Contracts | December 2021 Contracts | % Change | 2022 YTD ADV | 2021 YTD ADV | % Change |
441,932,043 | 528,203,065 | -16.3% | 22,263,715 | 26,463,431 | -15.9% | |
355,459,448 | 266,352,631 | 33.5% | 15,980,514 | 10,706,503 | 49.3% | |
68,148,774 | 50,815,971 | 34.1% | 2,873,194 | 1,997,400 | 43.8% | |
865,540,265 | 845,371,667 | 2.4% | 41,117,423 | 39,167,334 | 5.0% | |
4,018,406 | 5,325,925 | -24.6% | 219,643 | 232,487 | -5.5% | |
869,558,671 | 850,697,592 | 2.2% | 41,337,066 | 39,399,821 | 4.9% |
Contract Volume – Total 2022
| Total 2022 Volume | Total 2021 Volume | % Change |
5,588,192,573 | 6,668,784,719 | -16.2% | |
4,011,109,056 | 2,698,038,847 | 48.7% | |
721,171,637 | 503,344,774 | 43.3% | |
10,320,473,266 | 9,870,168,340 | 4.6% | |
55,130,391 | 58,586,820 | -5.9% | |
10,375,603,657 | 9,928,755,160 | 4.5% |
Securities Lending – December 2022
| December 2022 Avg. Daily Loan Value | December 2021 Avg. Daily Loan Value | % Change | December 2022 Total | December 2021 Total Transactions | % Change |
123,028,152,818 | 147,689,142,573 | -16.70% | 201,485 | 189,217 | 6.5% |
Securities Lending – Total 2022
| 2022 Avg. Daily Loan Value | 2021 Avg. Daily Loan Value | % Change | 2022 Total | 2021 Total | % Change |
125,520,566,857 | 125,329,116,168 | 0.15% | 2,319,800 | 1,857,585 | 24.9% |
Additional Data
About OCC
The Options Clearing Corporation (OCC), named Risk Magazine’s 2022 Clearing House of the Year, is the world’s largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.
©2023. The Options Clearing Corporation. All rights reserved.
View source version on businesswire.com:https://www.businesswire.com/news/home/20230104005333/en/
CONTACT: OCC Public Relations
PublicRelations@theocc.com
KEYWORD: ILLINOIS EUROPE UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: The Options Clearing Corporation
Copyright Business Wire 2023.
PUB: 01/04/2023 03:10 PM/DISC: 01/04/2023 03:10 PM
http://www.businesswire.com/news/home/20230104005333/en