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CORRECTING and REPLACING OCC Clears Record-Setting 10.38 Billion Total Contracts in 2022

PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.
January 4, 2023 GMT
OCC clears 10.38 billion contracts in 2022 (Photo: Business Wire)
OCC clears 10.38 billion contracts in 2022 (Photo: Business Wire)

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”).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230104005333/en/

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

Equity Options

441,932,043

528,203,065

-16.3%

22,263,715

26,463,431

-15.9%

ETF Options

355,459,448

266,352,631

33.5%

15,980,514

10,706,503

49.3%

Index Options

68,148,774

50,815,971

34.1%

2,873,194

1,997,400

43.8%

Total Options

865,540,265

845,371,667

2.4%

41,117,423

39,167,334

5.0%

Futures

4,018,406

5,325,925

-24.6%

219,643

232,487

-5.5%

Total Volume

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

Equity Options

5,588,192,573

6,668,784,719

-16.2%

ETF Options

4,011,109,056

2,698,038,847

48.7%

Index Options

721,171,637

503,344,774

43.3%

Total Options

10,320,473,266

9,870,168,340

4.6%

Futures

55,130,391

58,586,820

-5.9%

Total Volume

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
Transactions

December

2021 Total

Transactions

% Change

Market Loan + Hedge Total

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
Transactions

2021 Total
Transactions

% Change

Market Loan + Hedge Total

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