OneChicago Announces Trading Volume for August 2015
- Total Volume Up From Prior Month and Year Ago marking the 4th consecutive month of double digit increases.
CHICAGO, Sept. 1, 2015 /PRNewswire/ -- OneChicago, LLC (OCX), a securities finance exchange, today announced its August 2015 volume of 1,300,536, an increase of 57% year-over-year. OneChicago is a CFTC and SEC regulated exchange offering Single Stock Futures (SSF), a Delta One product, on approximately 1,500 equities, including ADRs and ETFs.
August 2015 highlights include:
- Year-to-date volume through August 31, 2015, was 8,006,571, up 21% compared to 2014.
- Open interest decreased 8% year-over-year to 676,611 contracts on the equity finance exchange at close-of-market, August 31, 2015.
- 60% of August 2015 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 08/2015 |
||||||
| Type |
08/2015 Avg Daily Volume |
08/2015 Total Volume |
Previous Year Monthly Volume |
% Change |
YTD Total Volume |
Month End Open Interest |
| ADR |
9,784 |
205,466 |
78,448 |
162% |
1,346,630 |
81,990 |
| ETF |
19,695 |
413,597 |
272,883 |
52% |
2,152,140 |
126,753 |
| SSF |
32,451 |
681,473 |
475,122 |
43% |
4,507,801 |
467,868 |
| Exchange Total |
61,930 |
1,300,536 |
826,453 |
57% |
8,006,571 |
676,611 |
ABOUT ONECHICAGO
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OneChicago (OCX) is the only US equity finance exchange for trading single stock futures and the related EFP. Regulated by the SEC and CFTC, OCX lists approximately 2,800 products, including ADRs, ETFs and OCX.NoDivRisk™ contracts, which include the OCX.Weekly. 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 expiring OCX.Weekly spread is economically equivalent to an equity repo or stock loan transaction.
OCX.NoDivRisk contracts are single stock 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 312-883-3440.
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SOURCE OneChicago, LLC
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