CHICAGO, June 1, 2016 /PRNewswire/ -- OneChicago, LLC (OCX), a securities finance exchange, today announced its May 2016 volume of 1,043,097, an increase of 4% 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.
May 2016 highlights include:
- May 2016 volume was 1,043,097, up 4% year over year.
- Open interest decreased 11% year-over-year to 763,464 contracts on the securities finance exchange at close-of-market, May 31, 2016.
- 65% of May 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 05/2016 |
||||||
Type |
05/2016 Avg Daily Volume |
05/2016 Total Volume |
Previous Year Monthly Volume |
% Change |
YTD Total Volume |
Month End Open Interest |
Exchange Total |
49,671 |
1,043,097 |
1,006,036 |
4% |
4,932,861 |
763,464 |
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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