OneChicago Announces Trading Volume for January 2014

CHICAGO, Feb. 3, 2014 /PRNewswire/ -- OneChicago, LLC (OCX), an equity finance exchange, today announced January 2014 volume of 613,613.

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

"Our customers are finding value in carrying their equity positions using the capital efficiency provided by single stock futures", said Tom McCabe, COO at OneChicago. "Customers are learning that the Delta One single stock future is a more capital efficient substitute for the underlying stock without the variable risk of options or the counterparty exposure of OTC swaps."

The announcement follows closely OneChicago's launch of OCX.Weekly Futures, part of the exchange's OCX.NoDivRisk™ futures product suite. Pending regulatory approval, OneChicago will be releasing its physically settled OCX.Weekly futures product with next day settlement for the stock delivery upon expiration.                                                                                                              

January 2014 highlights include:

• Open interest stood at 582,396 contracts on the equity finance exchange at close-of-market, January 31, 2014
• 600,027 Exchange Futures for Physicals (EFPs) and blocks were traded. January 2014 EFPs and blocks activity represented $2.7 billion in notional value.
• 46% of January 2014 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.

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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