OneChicago's Second Quarter 2013 Trading Volume Increases 80% as compared with 2012

- OneChicago's June Open Interest up 34% from June 2012

News provided by

OneChicago, LLC

Jul 01, 2013, 02:30 ET

CHICAGO, July 1, 2013 /PRNewswire/ -- OneChicago, LLC (OCX), an equity finance exchange, today announced volume of 780,133 June 2013.

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

"Our volumes are continuing to increase year over year, demonstrating the industry's steady adoption of single stock futures," said David Downey, CEO at OneChicago. "We anticipate that this trend will continue to grow as investors seek to diversify their strategies and leverage the benefits our products have to offer."

June 2013 highlights include:

  • Open interest stood at 586,014 contracts on the equity finance exchange at the end of June 2013.
  • 747,870 Exchange Futures for Physicals (EFPs) and blocks were traded. June 2013 EFPs and blocks activity represented $3 billion in notional value.
  • 58% of June 2013 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 through derivatives.

OneChicago Equity Finance Exchange

 2Q 2012 vs. 2Q 2013 and YTD Comparisons

Type

2Q/2013 Total Volume

Previous Year 2nd  Qtr. Volume

% Change

YTD Total Volume 2013

YTD Total Volume 2012

ETF

694,659

98,771

603%

1,324,014

165,949

SSF

1,747,987

1,257,808

39%

3,164,439

2,417,729

Exchange Total

2,442,646

1,356,579

80%

4,488,453

2,583,678

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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