OneChicago Achieves Exchange History Surpassing the 8.3 Million Mark in Year-to-Date Volumes

-Volume increased 31% over November of 2012 driven by managed futures community diversifying holdings using single stock futures

News provided by

OneChicago, LLC

Dec 02, 2013, 03:00 ET

CHICAGO, Dec. 2, 2013 /PRNewswire/ -- OneChicago, LLC (OCX), an equity finance exchange, today announced November 2013 volume of 629,935.

(Logo:  http://photos.prnewswire.com/prnh/20020911/ONECHICAGOLOGO)

"The record year-to-date volume underscores that the combination of a complex regulatory environment and a market with tighter capital has an increasing number of discerning investors turning to these products as vital components of their overall portfolios," said David Downey, CEO of OneChicago.

November 2013 highlights include:

  • Open interest stood at 635,637 contracts on the equity finance exchange at close-of-market, November 29, 2013, up 19% year-over-year.
  • 607,709 Exchange Futures for Physicals (EFPs) and blocks were traded. November 2013 EFPs and blocks activity represented $3.2 billion in notional value.
  • 51% of November 2013 month-end open interest was in OCX.NoDivRisk™ products. The OCX.NoDivRisk product suite is an innovative equity finance tool, which removes dividend risk for customers carrying equity delta exposure through derivatives.

Month End Volume and Open Interest - Summary

For 11/2013

Type

11/2013 Avg Daily Volume

11/2013 Total Volume

Previous Year Monthly Volume

% Change

YTD Total Volume

Month End Open Interest

ETF

11,495

229,907

213,922

7%

2,520,288

93,635

SSF

20,001

400,028

267,802

49%

5,820,701

542,002

Exchange Total

31,497

629,935

481,724

31%

8,340,989

635,637

ABOUT ONECHICAGO
---------------------------------
OneChicago (OCX) is the only US equity finance exchange for trading security futures and the related EFP. Regulated by the SEC and CFTC, OCX lists approximately 2,800 products, including ADRs, ETFs and OCX.NoDivRisk™ contracts. Contracts are cleared through the centralized counterparty, "AA+"-rated OCC. Security futures, a Delta One product, are utilized for synthetic equity strategies including equity swaps, equity repos and stock loan/borrow transactions. The OneChicago OCX.NoDivRisk, Exchange Futures for Physical transaction is economically equivalent to a Securities Lending Transaction.

OCX.NoDivRisk contracts are security futures with dividends removed from the pricing as the future's price is adjusted down by the value of the dividend on Ex-date. For more information, please visit our Website at: http://www.OneChicago.com or contact us at 312-424-8520.

SOURCE OneChicago, LLC

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