OneChicago Announces Trading Volume for January 2015

- Average January Block Trade Size was 230 (23,000 share equivalent)

- Exchange Successful Consolidates All Products onto its Own Matching Engine and Reporting Platform - OCXdelta1

News provided by

OneChicago, LLC

Feb 02, 2015, 12:30 ET

CHICAGO, Feb. 2, 2015 /PRNewswire/ -- OneChicago, LLC (OCX), an equity finance exchange, today announced its January 2015 volume of 546,942, a decrease of 11% 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.   

January 2015 highlights include:

  • The exchange successfully consolidated all products onto OCXdelta1, the proprietary matching and reporting platform and onto the multicast market data ticker plant, OCTP. OCXdelta1 supports the reporting of bilateral blocks and EFPs; as well as the trading of blocks and the newly listed OCX.Weekly products.
  • Year-to-date volume through January 31, 2015, was 546,942 down 11% compared to 2014.
  • Open interest decreased 9% year-over-year to 531,730 contracts on the equity finance exchange at close-of-market, January 30, 2015.
  • 542,284 blocks and EFPs were traded on OCXdelta1. January 2015 EFP and block activity represented $2.5 billion in notional value.
  • 49% of January 2015 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 synthetic equity delta exposure.

Month End Volume and Open Interest - Summary

For 01/2015

Type

01/2015
Avg Daily
Volume

01/2015
Total
Volume

Previous
Year
Monthly
Volume

%
Change

YTD Total
Volume

Month End
Open
Interest

ETF

6,303

126,066

157,688

-20%

126,066

42,319

SSF

21,044

420,876

455,925

-8%

420,876

489,411

Exchange
Total

27,347

546,942

613,613

-11%

546,942

531,730

ABOUT ONECHICAGO

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 OCX.NoDivRisk, Exchange Futures for Physical transaction is economically equivalent to a Securities Lending 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 312-424-8520.

Logo - http://photos.prnewswire.com/prnh/20020911/ONECHICAGOLOGO

SOURCE OneChicago, LLC

Related Links

http://www.onechicago.com

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