OneChicago Reports August 2010 Volume, Up 53%, Open Interest Up 21%

News provided by

OneChicago, LLC

Sep 01, 2010, 04:00 ET

CHICAGO, Sept. 1 /PRNewswire/ -- OneChicago, LLC ("OCX") today reported that 407,036 security futures contracts traded at the Exchange in August 2010, an increase of 53% from August 2009.  Year to date volume was 3,598,342, up 128% from 2009.

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Open interest stood at 629,735 contracts at the end of August 2010, a 21% increase over August 2009.

The top five August volume OneChicago contracts are:

Exxon Mobil Corporation

Chevron Corporation

Avon Products, Inc.

Pepsico, Inc.

BCE, Inc.

August 2010 Highlights

  • Options Clearing Corporation ("OCC") is now the sole central counter party clearer for OneChicago.  OCX and its member firms completed business process changes that migrated firms from CME Clearing to the Options Clearing Corporation.  Simultaneously firms also migrated to the CBOEdirect API to directly access OCX's core match engine.  These business process changes reduce costs, simplify the technology footprint and reduce time to market for innovative OneChicago products.
  • August, 2010 is the 13th consecutive month of year over year volume increases.
  • 330,144 EFPs were traded encompassing $1.7 billion in notional value.
  • 360,649 August futures valued at $1.3 billion were taken to delivery, consistent with the use of single stock futures as an equity finance product.  The August futures represented 40% of all existing open interest on expiration day.

About OneChicago: OneChicago is the only US regulated all-electronic exchange for trading security futures. Presently OneChicago lists approximately 1,463 products, including ETFs.  Contracts are cleared through the centralized counterparty, "AAA" rated, OCC and are regulated by both the SEC and CFTC. Security futures, a delta one product, function as equity swaps/repos and synthetic stock loan/borrow transactions.  For more information, please visit our website at: www.OneChicago.com.  

SOURCE OneChicago, LLC

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