OCC Announces Record-Breaking Week

Apr 24, 2001, 01:00 ET from Options Clearing Corporation

    CHICAGO, April 24 /PRNewswire Interactive News Release/ -- The Options
 Clearing Corporation (OCC) reported today that three of its five highest
 trading days occurred last week.
     A record was set for daily options volume on April 18 with 6,822,777
 contracts.  On April 19, the fourth highest trading day occurred with
 6,011,047 total contracts and on April 20, the second highest trading day
 emerged with 6,484,473 total contracts.
     Average daily volume for the week was 5,090,769 total contracts.
     OCC also realized record-breaking open interest.  On April 20, total open
 interest reached a new high of 90,084,293 contracts.  The previous record was
 set on January 19 with 84,873,318 contracts.
     "Last week was a monumental week for OCC with three days of volume over
 six million contracts," said Wayne P. Luthringshausen, Chairman and CEO of
 OCC.  "The industry should be congratulated for handling the increased
 activity without incident."
 
     OCC Background
     OCC, founded in 1973, is the largest clearing organization in the world
 for financial derivative instruments and was the first clearing house to
 receive a 'AAA' credit rating from Standard & Poor's Corporation.  Operating
 under the jurisdiction of the Securities and Exchange Commission, OCC is
 jointly owned by The American Stock Exchange, Chicago Board Options Exchange,
 International Securities Exchange, Pacific Exchange and Philadelphia Stock
 Exchange.  OCC is headquartered at 440 South LaSalle Street, Chicago, IL.
 More information is available through its Web site at
 www.optionsclearing.com .
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X12833323
 
 

SOURCE Options Clearing Corporation
    CHICAGO, April 24 /PRNewswire Interactive News Release/ -- The Options
 Clearing Corporation (OCC) reported today that three of its five highest
 trading days occurred last week.
     A record was set for daily options volume on April 18 with 6,822,777
 contracts.  On April 19, the fourth highest trading day occurred with
 6,011,047 total contracts and on April 20, the second highest trading day
 emerged with 6,484,473 total contracts.
     Average daily volume for the week was 5,090,769 total contracts.
     OCC also realized record-breaking open interest.  On April 20, total open
 interest reached a new high of 90,084,293 contracts.  The previous record was
 set on January 19 with 84,873,318 contracts.
     "Last week was a monumental week for OCC with three days of volume over
 six million contracts," said Wayne P. Luthringshausen, Chairman and CEO of
 OCC.  "The industry should be congratulated for handling the increased
 activity without incident."
 
     OCC Background
     OCC, founded in 1973, is the largest clearing organization in the world
 for financial derivative instruments and was the first clearing house to
 receive a 'AAA' credit rating from Standard & Poor's Corporation.  Operating
 under the jurisdiction of the Securities and Exchange Commission, OCC is
 jointly owned by The American Stock Exchange, Chicago Board Options Exchange,
 International Securities Exchange, Pacific Exchange and Philadelphia Stock
 Exchange.  OCC is headquartered at 440 South LaSalle Street, Chicago, IL.
 More information is available through its Web site at
 www.optionsclearing.com .
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X12833323
 
 SOURCE  Options Clearing Corporation