January 03, 2024
OCC, the world’s largest equity derivatives clearing organization, announced today that year-to-date average daily volume through December 2023 was 44.4 million contracts. Total monthly volume for December 2023 was 916.2 million contracts.
Additionally, OCC announced that total annual volume for 2023 was 11.1 billion contracts.
Contract Volume – December 2023
| December 2023 Contracts | December 2022 Contracts | % Change | 2023 YTD ADV | 2022 YTD ADV | % Change | |
| Equity Options | 472,136,793 | 441,932,043 | 6.8% | 22,459,448 | 22,263,715 | 0.9% |
| ETF Options | 359,312,845 | 355,459,448 | 1.1% | 17,909,142 | 15,980,514 | 12.1% |
| Index Options | 80,740,089 | 68,148,774 | 18.5% | 3,839,216 | 2,873,194 | 33.6% |
| Total Options | 912,189,727 | 865,540,265 | 5.4% | 44,207,806 | 41,117,423 | 7.5% |
| Futures | 4,021,754 | 4,018,406 | 0.1% | 223,346 | 219,643 | 1.7% |
| Total Volume | 916,211,481 | 869,558,671 | 5.4% | 44,431,152 | 41,337,066 | 7.5% |
Contract Volume – Total 2023
| Total 2023 Volume | Total 2022 Volume | % Change | |
| Equity Options | 5,614,862,014 | 5,588,192,573 | 0.5% |
| ETF Options | 4,477,285,403 | 4,011,109,056 | 11.6% |
| Index Options | 959,804,023 | 721,171,637 | 33.1% |
| Total Options | 11,051,951,440 | 10,320,473,266 | 7.1% |
| Futures | 55,836,507 | 55,130,391 | 1.3% |
| Total Volume | 11,107,787,947 | 10,375,603,657 | 7.1% |
Securities Lending – December 2023
| December 2023 Avg. Daily Loan Value | December 2022 Avg. Daily Loan Value | % Change | December 2023 Total Transactions | December 2022 Total Transactions | % Change | |
| Market Loan + Hedge Total | 161,617,151,250 | 123,028,152,818 | 31.4% | 213,019 | 201,485 | 5.7% |
Securities Lending – Total 2023
| 2023 Avg. Daily Loan Value | 2022 Avg. Daily Loan Value | % Change | 2023 Total Transactions | 2022 Total Transactions | % Change | |
| Market Loan + Hedge Total | 137,307,199,811.40 | 125,520,566,856.63 | 9.39% | 2,453,288 | 2,319,798 | 5.8% |
Additional Data
About OCC
The Options Clearing Corporation (OCC) 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 20 exchanges and trading platforms. More information about OCC is available at www.theocc.com.
