OneChicago Announces Trading Volume for October 2012

- Volume in October up a strong 149% as compared to the same period in 2011

- Exchange Marks Second Year Anniversary of OCX.NoDivRisk®, Offering Futures on More Than 1,450 Underlying Equities

News provided by

OneChicago, LLC

Nov 01, 2012, 12:00 ET

CHICAGO, Nov. 1, 2012 /PRNewswire/ -- OneChicago, LLC (OCX), an equity finance exchange, today announced that October 2012 volume of 424,573 was up 149% over October 2011.

(Logo: http://photos.prnewswire.com/prnh/20020911/ONECHICAGOLOGO)

October 2012 highlights include:

  • 412,066 Exchange Futures for Physicals (EFPs) and blocks were traded. October 2012 EFPs and blocks activity represented $1.9 billion in notional value. 
  • 48% of October 2012 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 equity delta exposure
  • Open interest stood at 487,155 contracts on the equity finance exchange at the end of October 2012, up 31% percent year-over-year compared with October 2011.
  • Since its launch in Q4 2010, OCX.NoDivRisk has grown to 59% of the EFP volume, 44% of the block volume and 46% of the open interest.

ABOUT ONECHICAGO
-----------------------------
OneChicago (OCX) is the only US equity finance exchange for trading security futures and the related EFP. Regulated by the SEC and CFTC, OCX lists approximately 2,800 products, including ADRs, ETFs and OCX.NoDivRisk™ contracts. 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 security 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.

SOURCE OneChicago, LLC

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