OCC, the world’s largest equity derivatives clearing organization, has announced that year-to-date average daily volume through August 2022 was 40.5 million contracts, up 4.2 percent compared to year-to-date average daily volume through August 2021. Total volume was 912.5 million contracts, up 13.3 percent compared to August 2021 and the third highest month in OCC’s history.
- Total volume up 13.3% year-over-year, highest August on record
- ETF options cleared contract volume up 59.6% year-over-year
- Index options cleared contract volume up 58.7% year-over-year
- Stock Loan transaction volume up 20.4% year-over-year
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.