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2012 Press Releases

Chicago, December 12, 2012
OCC Announces Two Officer Promotions
OCC announced today the promotion of two officers.

Chicago, December 7, 2012
The MIAX Options Exchange Joins OCC
OCC and Miami International Securities Exchange, LLC announced today that the MIAX Options Exchange has become an OCC participant exchange. The MIAX Options Exchange began operations today, Friday, December 7.

Chicago, December 3, 2012
OCC Reports Cleared Contract Volume Flat in November as Futures and Securities Lending Activity Rise
OCC announced today that total cleared contract volume reached 339,206,527 contracts in November, a 2 percent decrease from the November 2011 volume of 346,584,214 contracts. While overall cleared contract volume remained flat last month, OCC reported a significant rise in futures and securities lending activity. OCC's year-to-date cleared contract volume reached 3,724,984,827 last month, down 13 percent from 2011, but an improvement from the 14 percent decline recorded after October.

Chicago, November 1, 2012
OCC Announces Average Daily Cleared Contract Volume Down 17% in October, Futures and Securities Lending Activity Up 31%
OCC announced average daily cleared contract volume in October was 15,598,902 contracts, a 17 percent decline from October 2011. Total cleared contract volume reached 327,576,945 contracts for the month, representing a 17 percent decline from the October 2011 volume of 393,461,669 contracts. OCC's year-to-date total contract volume is down 14 percent with 3,385,778,300 contracts in 2012.

Chicago, October 1, 2012
OCC Announces Average Daily Cleared Contract Volume Fell 6% in September, Futures and Securities Lending Activity Jumped Higher
OCC announced average daily cleared contract volume in September was 17,570,113 contracts, a 6 percent decline from September 2011. Total cleared contract volume reached 333,832,141 contracts for the month, representing a 15 percent decline from the September 2011 volume of 394,148,808 contracts. OCC's year-to-date total contract volume is down 14 percent with 3,058,201,355 contracts in 2012.

Chicago, September 18, 2012
OCC Wins Ragan PR Daily Award for Best Annual Report in Print Category
OCC announced today that its 2010 annual report won the Best Annual Report (Print) category at the 2012 PR Daily Awards presented by Ragan Communications and Factiva in Washington, D.C., on September 11, 2012.

Chicago, September 4, 2012
OCC Announces Cleared Contract Volume Declined from Record Total in August while Securities Lending Activity Rose Significantly
OCC announced that cleared contract volume reached 313,781,757 contracts in August. This represents a 43 percent decrease from the all-time monthly volume record of 554,842,463 contracts posted in August 2011. OCC's year-to-date total contract volume is down 13 percent at 2,724,369,214 contracts in 2012, on track for the second best annual volume in history. Securities lending activity at OCC in August jumped 50 percent over August 2011.

Chicago, August 1, 2012
OCC Announces Cleared Contract Volume Declined 12% in July while Securities Lending Volume Rose 19%
OCC announced that cleared contract volume reached 309,599,417 contracts in July, representing a 12 percent decrease from the July 2011 volume of 351,117,113 contracts. OCC's year-to-date total contract volume is down 7 percent with 2,410,587,457 contracts in 2012.

Chicago, July 19, 2012
OCC Announces Its Designation as a Systemically Important Financial Market Utility
On July 18 OCC received notice it has been designated as a systemically important Financial Market Utility (SIFMU) by the Financial Stability Oversight Council (FSOC) as part of the Dodd-Frank financial overhaul law.

Chicago, July 2, 2012
OCC Announces Cleared Contract Volume Declined 6% in the First Half of 2012 while Securities Lending Volume Rose 15%
OCC announced that cleared contract volume reached 329,891,797 in June, representing a 12 percent decrease from the June 2011 volume of 376,877,261 contracts. OCC's year-to-date total contract volume is down 6 percent with 2,100,988,040 contracts in 2012.

Chicago, June 29, 2012
NASDAQ OMX BX OptionsSM Options Exchange Joins OCC
OCC and The NASDAQ OMX Group, Inc. announced today that NASDAQ OMX BX OptionsSM has become an OCC participant exchange. NASDAQ OMX BX OptionsSM began operations today, Friday, June 29.

Chicago, June 26, 2012
OCC Board Of Directors Expands And Welcomes New Members
OCC announced today the election of six new members to its Board of Directors including two in newly created Public Director roles.

Chicago, June 1, 2012
OCC Announces Cleared Contract Volume Rose 5% in May
OCC announced today cleared contract volume of 380,417,938 contracts in May, an increase of 5 percent from the 362,653,311 contracts cleared in May 2011.

Chicago, May 1, 2012
OCC Announces Cleared Contract Volume Declined in April, Securities Lending Volume Rose 34%
OCC announced that cleared contract volume reached 321,989,037 contracts in April, a 5 percent decrease from the April 2011 volume of 338,562,433 contracts.

Chicago, April 3, 2012
OCC Announces Joseph Corcoran as New Head of Government Relations
OCC announced today that Joseph Corcoran has joined OCC as First Vice President and Head of Government Relations. Mr. Corcoran comes to OCC from NYSE Euronext where he served as Chief Counsel in NYSE Regulation and the Office of Legal and Government Affairs.

Chicago, April 2, 2012
OCC Announces Cleared Contract Volume Declined 10% in March while Securities Lending Rose 18%
OCC announced that cleared contract volume reached 379,763,970 contracts in March, representing a 10 percent decrease from the March 2011 volume of 421,466,054 contracts. OCC ended the first quarter with total volume reaching 1,068,689,268 contracts, exceeding 1 billion contracts in the first quarter for the second time in history.

Chicago, March 1, 2012
OCC Announces 2% Decrease in Cleared Contract Volume in February while Stock Loan Activitiy Rose 7%
OCC announced today that total cleared contract volume in February reached 351,702,360 contracts, representing a 2 percent decrease from the February 2011 volume of 357,275,834 contracts. OCCÂ’s year-to-date total contract volume is down 7 percent from 2011 with 688,925,298 contracts.

Chicago, February 1, 2012
OCC Cleared Contract Volume Declined 12% in January
OCC announced today that total cleared contract volume January reached 337,222,938 contracts, a 12 percent decline from the January 2011 volume of 381,558,077 contracts. Despite this decline, January 2012 is now the third highest January volume on record.

Chicago, February 1, 2012
OCC Announces Retirement of Bill Navin, Names James Brown New General Counsel
OCC announced today the retirement of Bill Navin, Executive Vice President, General Counsel and Chief Legal Officer of OCC. Mr. Navin joined OCC in July 1999, but was previously OCC’s outside counsel at Schiff Hardin & Waite. As a Schiff partner, Mr. Navin represented OCC since its inception in 1973.

Chicago, January 3, 2012
OCC Cleared Contract Volume Reached 4.6 Billion Contracts in 2011 for Record Year
OCC announced today that total cleared contract volume in 2011 reached 4,600,955,949 contracts, a 17 percent increase over the 2010 volume of 3,925,686,805 contracts. 2011 marked the ninth consecutive year of record volume for OCC and the first time cleared contract volume surpassed 4 billion contracts.