CHICAGO, April 1, 2016 /PRNewswire/ -- OneChicago, LLC (OCX), a securities finance exchange, today announced its March 2016 volume of 1,437,201, an increase of 65% 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.
March 2016 highlights include:
- March 2016 volume was 1,437,201, up 65% year over year.
- Open interest increased 6% year-over-year to 664,689 contracts on the securities finance exchange at close-of-market, March 31, 2016.
- 59% of March 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 03/2016 |
||||||
Type |
03/2016 Avg Daily Volume |
03/2016 Total Volume |
Previous Year Monthly Volume |
% Change |
YTD Total Volume |
Month End Open Interest |
0 |
- |
|||||
ADR |
3,161 |
69,557 |
184,932 |
-62% |
422,011 |
11,121 |
ETF |
6,617 |
145,566 |
251,258 |
-42% |
571,808 |
61,744 |
SSF |
55,549 |
1,222,078 |
433,791 |
182% |
2,095,955 |
591,824 |
Exchange Total |
65,327 |
1,437,201 |
869,981 |
65% |
3,089,774 |
664,689 |
ABOUT ONECHICAGO
---------------------------------
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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