January 04, 2023
Chicago –
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 8.6% 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.
