On Thursday, OCC announced that 2013 cleared contract volume reached 4,170,855,768, up 3 percent from 2012’s annual volume of 4,042,175,801 contracts. In December, cleared contract volume reached 325,905,926 contracts, up 3 percent from December 2012’s volume of?317,190,974 contracts.
For 2013, it marked the second highest year for OCC cleared contract volume to date, just?430,100,181 contracts?behind 2011’s record volume of?4.6 billion contracts.?OCC also reported a record year for futures and stock loan activity in 2013.
Here’s a look at the cleared product breakdown:
Options
- Exchange-listed options volume passed 4 billion contracts for the third consecutive year reaching?4,111,275,659 contracts in 2013, a 3 percent increase from 2012’s volume of?4,003,871,308 contracts.?
- Total options volume for December was 320,209,356 contracts, up 2 percent from December 2012.?OCC cleared an average of 16,314,586?options contracts per day in 2013.
Futures
- Futures cleared by OCC reached?59,580,109 contracts in 2013, up 56 percent from 2012; this represented the highest annual volume for OCC cleared futures contracts to date.
- Total OCC cleared futures volume in December was 5,696,570 contracts, a 22 percent increase from December 2012. OCC cleared an average of 236,429 futures contracts per day in 2013.
Securities Lending
- OCC’s December securities lending CCP activities saw an 8 percent increase in new loans from?December?2012 with 93,274 transactions.
- Stock loan activity in 2013 was up 26 percent from 2012 with its 1,233,708 new loan transactions. This marked the highest annual volume for stock loan activity to date.
- The average daily loan value at OCC in?December?was $72,489,182,819.