Current Press Releases
Chicago, August 2, 2010
OCC Announces Total Contract Volume in July Down 9% as Year-to-Date Average Daily Volume Rose 9%
OCC announced today that total OCC cleared volume in July reached 279,245,228 contracts, representing a 9% decrease over the July 2009 volume of 307,085,331 contracts. However, average daily volume for 2010 is 15,816,927 contracts, a 9% increase compared to last year’s average of 14,552,341 contracts. OCC’s year-to-date total volume is up 8% with 2,293,454,442 contracts.
Chicago, May 10, 2010
OCC Board Of Directors Welcomes Two New Members And Vice Chairman
OCC announced today that Craig Abruzzo and Valar Mihan were elected to the OCC Board of Directors. Additionally, Paul Brody was elected to the role of Vice Chairman and succeeds outgoing director Gary Yetman who completed his term at the end of April.
Chicago, May 7, 2010
Options Industry Sets New Daily Volume Record With 30,818,984 Contracts Traded On Thursday, May 6, 2010
OCC announced that a new daily options trading volume record was set on Thursday, May 6, 2010 when 30,818,984 contracts were traded. This is 2.7 percent higher than the previous record of 30,006,663 contracts set on September 18, 2008.
Chicago, May 3, 2010
OCC Announces Total Contract Volume in April Grew 12%
OCC announced today that total OCC volume reached 363,275,500 contracts in April. This represents an 11.79% percent increase over the April 2009 volume of 324,951,307 contracts. OCC year to date total volume is up 9.16% with 1,294,545,141 contracts.
Chicago, April 1, 2010
OCC Announces Total Contract Volume in March Grew 2%
OCC announced today that total OCC cleared volume in March reached 353,294,816 contracts. This represents a 2 percent increase over the March 2009 volume of 346,360,655 contracts. OCC year to date total contract volume is up 8 percent from 2009 with 931,269,641 contracts.
Chicago, March 11, 2010
OCC Board Of Directors Welcomes New Member
OCC announced today the appointment of a new member to its Board of Directors. The newly appointed Director is John S. Willian, global co-head of Prime Brokerage, Clearing, Electronic Trading, and Futures at Goldman Sachs.
Chicago, March 2, 2010
OCC Announces Clearing Fund Refund For 2009
OCC announced today that its Board of Directors recently approved a refund of $57,928,503 to Clearing Members for the year ended Dec. 31, 2009.
Chicago, March 2, 2010
OCC Announces Total Contract Volume In February Grew 3%
OCC announced today that total OCC volume reached 264,435,951 contracts in February. This represents a 3 percent increase over the February 2009 volume of 256,464,343 contracts. OCC year to date total volume is up 12% from 2009, coming in at 577,974,825 contracts.
Chicago, February 26, 2010
BATS Exchange Join The Options Clearing Corporation
OCC and BATS Exchange, Inc (BATS) announced today that the BATS Exchange has become an OCC participant exchange. This follows Jan. 26 approval of BATS' options trading rules by the Securities and Exchange Commission (SEC). The BATS Options exchange begins operations of its options trading facility today.
Chicago, February 17, 2010
OCC Announces Successful Symbology Conversion
OCC is pleased to announce the February 12 conversion for the Options Symbology Initiative (OSI) has successfully been accomplished with firms, clearing members, exchanges and the OCC all now using the new OSI key.
Chicago, February 2, 2010
OCC Announces a Strong Start to 2010
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.
Chicago, January 19, 2010
OCC Announces Tamayo As New Chief Information Officer
OCC announced today that Raymond Tamayo has joined the company as Chief Information Officer (CIO).
Chicago, January 5, 2010
OCC Announces Its Busiest Year Ever
OCC announced today that 2009 was the busiest year in the 36-year history of the clearinghouse with record levels of options trading and major expansions of its futures and stock loan services.