CHICAGO, June 1, 2015 /PRNewswire/ -- OneChicago, LLC (OCX), an equity finance exchange, today announced its May 2015 volume of 1,006,036, an increase of 93% 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.
May 2015 highlights include:
- Open interest increased 54% year-over-year to 858,463 contracts on the equity finance exchange at close-of-market, May 29, 2015.
- Year-to-date volume through May 31, 2015, was 3,827,480, up 4% compared to 2014.
- 1,001,202 blocks and EFPs were traded on OCXdelta1. May 31, 2015, EFP and block activity represented $5.1 billion in notional value.
- 65% of May 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 05/2015 |
||||||
Type |
05/2015 Avg Daily Volume |
05/2015 Total Volume |
Previous Year Monthly Volume |
% Change |
YTD Total Volume |
Month End Open Interest |
ETF |
17,461 |
349,222 |
167,621 |
108% |
1,034,937 |
159,935 |
SSF |
32,841 |
656,814 |
354,125 |
85% |
2,792,543 |
698,528 |
Exchange Total |
50,302 |
1,006,036 |
521,746 |
93% |
3,827,480 |
858,463 |
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 312-883-3440.
Logo - http://photos.prnewswire.com/prnh/20020911/ONECHICAGOLOGO
SOURCE OneChicago, LLC
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article