OneChicago's year-over-year volume skyrockets
02 July 2014 Chicago
Image: Shutterstock
OneChicago’s June 2014 trading volume increased 63 percent year-over-year to 1,269,074.
OneChicago is a US Commodity Futures Trading Commission and Â鶹´«Ã½ Exchange Commission regulated exchange offering Single Stock Futures (SSF), a Delta One product, on approximately 1,500 equities, including American Depository Receipts and Exchange Traded Funds.
OneChicago launched OCX.Weekly products with a 1-day delivery on 20 June 2014. The OCX.Weekly product lists each day of the week, expiring one week later.
Critically, they settle to stock on expiration +1, in contrast to its monthly expirations, which settle to stock on expiration +3.
Open interest increased 8 percent year-over-year to 633,251 contracts on the equity finance exchange at close-of-market, 30 June 2014.
1,254,954 Exchange Futures for Physicals (EFPs) and blocks were traded. June 2014 EFP and block activity represented $6.7 billion in notional value.
56 percent of June 2014 month-end open interest was in OCX.NoDivRisk products. The OCX.NoDivRisk product suite is an equity finance tool, which removes dividend risk for customers carrying equity delta exposure through derivatives.
OneChicago is a US Commodity Futures Trading Commission and Â鶹´«Ã½ Exchange Commission regulated exchange offering Single Stock Futures (SSF), a Delta One product, on approximately 1,500 equities, including American Depository Receipts and Exchange Traded Funds.
OneChicago launched OCX.Weekly products with a 1-day delivery on 20 June 2014. The OCX.Weekly product lists each day of the week, expiring one week later.
Critically, they settle to stock on expiration +1, in contrast to its monthly expirations, which settle to stock on expiration +3.
Open interest increased 8 percent year-over-year to 633,251 contracts on the equity finance exchange at close-of-market, 30 June 2014.
1,254,954 Exchange Futures for Physicals (EFPs) and blocks were traded. June 2014 EFP and block activity represented $6.7 billion in notional value.
56 percent of June 2014 month-end open interest was in OCX.NoDivRisk products. The OCX.NoDivRisk product suite is an equity finance tool, which removes dividend risk for customers carrying equity delta exposure through derivatives.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Â鶹´«Ã½ Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Â鶹´«Ã½ Finance Times
