The Options Clearing Corporation (OCC) announced a significant increase in trading volume to start off 2010. Total OCC contract volume for January was up 22% from January 2009, averaging 16,502,046 contracts per day.
Options: Exchange-listed options trading in the U.S. rose 21% higher than the previous January. A strong start after a record year, January 2010 is now the second highest January on record for total options volume.
Futures: Expansion of OCC’s futures clearing business continues to grow as futures cleared by OCC totaled 1,977,333 in Jan, 914% higher than the same month last year.
Securities Lending: January 2010 marks the one year anniversary of OCC acting as the central counterparty clearinghouse for the AQS platform. OCC’s total OTC and AQS stock loan activity ends the month with a stock loan contract notional value of $12,234,089,594, a 2.6% decrease from the previous January.