OCC sets new record
December 17, 2018

OCC, the world's largest equity derivatives clearing organization, today said its total cleared contract volume on behalf of the US equity options and futures industry has exceeded 5 billion for the year. OCC says it has cleared 5.01 billion total contracts and 4.91 billion options contracts year-to-date, surpassing the previous records of 4.6 billion total contracts and 4.56 billion options contracts set in 2011.

So far in 2018, with ten business days remaining, OCC calculates that it has cleared a daily average of 20,774,677 options and futures contracts. It says this is 20.5 percent higher than the daily cleared contract average of 17,241,342 for 2017 and 13.8 percent higher than the daily cleared contract average of 18,257,762 for 2011, the previous record-holding year.

Said John Davidson, OCC Chief Executive Officer: "The efficient clearance and settlement of more than five billion contracts is a remarkable achievement for the US equity options and futures industry and OCC and is representative of the work OCC does in serving our participating exchanges, clearing firms and market users. I am very proud of the OCC team's ability to promote stability and market integrity through effective and efficient clearance, settlement and risk management services to the users of these important financial markets."

 





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OCC, the world's largest equity derivatives clearing organization, today said its total cleared contract volume on behalf of the US equity options and futures industry has exceeded 5 billion for the year. OCC says it has cleared 5.01 billion total contracts and 4.91 billion options contracts year-to-date, surpassing the previous records of 4.6 billion total contracts and 4.56 billion options contracts set in 2011.

So far in 2018, with ten business days remaining, OCC calculates that it has cleared a daily average of 20,774,677 options and futures contracts. It says this is 20.5 percent higher than the daily cleared contract average of 17,241,342 for 2017 and 13.8 percent higher than the daily cleared contract average of 18,257,762 for 2011, the previous record-holding year.

Said John Davidson, OCC Chief Executive Officer: "The efficient clearance and settlement of more than five billion contracts is a remarkable achievement for the US equity options and futures industry and OCC and is representative of the work OCC does in serving our participating exchanges, clearing firms and market users. I am very proud of the OCC team's ability to promote stability and market integrity through effective and efficient clearance, settlement and risk management services to the users of these important financial markets."

 



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