CHICAGO, May 2, 2016 /PRNewswire/ -- OneChicago, LLC (OCX), a securities finance exchange, today announced its April 2016 volume of 799,990, an increase of 41% year-over-year. OneChicago is a CFTC and SEC regulated exchange offering Single Stock Futures (SSF), a Delta One product, on approximately 1,800 equities, including ADRs and ETFs.
April 2016 highlights include:
- April 2016 volume was 799,990, up 41% year over year.
- Open interest increased 3% year-over-year to 646,186 contracts on the securities finance exchange at close-of-market, April 29, 2016.
- 58% of April 2016 month-end open interest was in OCX.NoDivRisk® products. The OCX.NoDivRisk product suite is an innovative equity finance tool that removes dividend risk for customers carrying synthetic equity delta exposure.
Month End Volume and Open Interest - Summary |
||||||
For 04/2016 |
||||||
Type |
04/2016 |
04/2016 |
Previous |
% |
YTD Total |
Month |
Exchange Total |
38,095 |
799,990 |
567,194 |
41% |
3,889,764 |
646,186 |
ABOUT ONECHICAGO
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OneChicago (OCX) is the only US equity finance exchange for trading single stock futures, a Delta One product. Regulated by the SEC and CFTC, OCX lists approximately 1,800 products, including ADRs, ETFs and OCX.NoDivRisk® products, which include the OCX.Weekly. Contracts are cleared through the centralized counterparty, "AA+"-rated OCC. OneChicago OCX.NoDivRisk products are utilized for synthetic equity strategies including equity swaps, equity repos and stock loan/borrow transactions. The OneChicago expiring OCX.Weekly spread is economically equivalent to an equity repo or stock loan transaction. For more information, please visit our Website at: http://www.OneChicago.com or contact us at 312-883-3440.
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SOURCE OneChicago, LLC
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