CHICAGO, Dec. 1, 2016 /PRNewswire/ -- OneChicago, LLC (OCX), a securities finance exchange, today announced its November 2016 volume of 919,419, an increase of 35% 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.
November 2016 highlights include:
- November 2016 volume was 919,419 up 35% year over year.
- Open interest decreased 26% year-over-year to 457,034 contracts on the securities finance exchange at close-of-market, November 30, 2016.
- 97% of November 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.
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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