OneChicago Announces Trading Volumes for August 2012

News provided by

OneChicago, LLC

Sep 04, 2012, 02:30 ET

CHICAGO, Sept. 4, 2012 /PRNewswire/ -- OneChicago, LLC (OCX), an equity finance exchange, today announced that a total of 433,498 security futures contracts were traded in the month of August 2012.

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

August 2012 highlights include:

  • 416,449 Exchange Futures for Physicals (EFPs) and blocks were traded. August 2012 EFPs and blocks activity represented $2.4 billion in notional value. 
  • 50% of August 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 from the security futures.
  • 80,226 of August 2012 futures valued at more than $489 million were taken to delivery, emphasizing the use of single stock futures as an equity finance product.
  • Open interest stood at 525,995 contracts on the equity finance exchange at the end of August 2012.

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 312-424-8507.

SOURCE OneChicago, LLC

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

icon3
440k+
Newsrooms &
Influencers
icon1
9k+
Digital Media
Outlets
icon2
270k+
Journalists
Opted In
GET STARTED