OCC February Volume Surges 45.6%

OCC February 2021 Total Volume Up 45.6 Percent from a Year Ago

Second highest volume month on record for U.S. equity options industry

CHICAGO (March 2, 2021) – OCC, the world’s largest equity derivatives clearing organization, announced today that February 2021 total cleared contract volume was 828,558,430 contracts, the second highest month on record after January 2021 and up 45.6 percent compared to February 2020. Year-to-date average daily cleared contract volume through February was 44,002,651 contracts, up 61.4 percent compared to February 2020. 

Options: Total exchange-listed options cleared contract volume was 823,412,827, up 47.4 percent compared to February 2020. Equity options cleared contract volume was 786,095,745 contracts, up 54.8 percent compared to February 2020. This includes ETF option cleared contract volume of 213,675,234, a 2.4 percent increase compared to February 2020. Index options volume was 37,317,082, a 26.5 percent decrease compared to February 2020. OCC’s year-to-date average daily cleared options volume is 43,730,332 contracts.

Futures: Total futures cleared contract volume was 5,145,603, a 49.0 percent decrease compared to February 2020.  OCC’s year-to-date average daily cleared futures volume is 272,319 contracts.

Securities Lending: The average daily loan value at OCC in February 2021 was $115,720,498,494, a 43.4 percent increase compared to February 2020. Securities lending CCP activity increased by 17.8 percent in new loans from February 2020 with 115,069 transactions last month. 

For 2021 monthly exchange market share information, click here.

 February 2021 Total Contract VolumeFebruary 2020 Total Contract VolumeFebruary Total Contract % Change vs2020YTD Avg Daily Contract 2021YTD Avg Daily Contract 2020% Change vs 2020
Equity Options786,095,745508,015,45654.8%41,745,39724,494,67970.4%
Index Options37,317,08250,786,959-26.5%1,984,9352,357,087-15.8%
Total Options823,412,827558,802,41547.4%43,730,33226,851,76662.9%
Futures5,145,60310,096,693-49.0%272,319413,907-34.2%
Total Volume828,558,430568,899,10845.6%44,002,65127,265,67361.4%

Media Contact:

Michael Shore

312-322-1150

mshore@theocc.com

About OCC

The Options Clearing Corporation (OCC) is the world’s largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) as a registered clearing agency and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. Named 2020 Best Clearing House – Equities by Markets Media for the third consecutive year, OCC now provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms for options, financial futures, and securities lending transactions. More information about OCC is available at www.theocc.com.