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SOURCE OneChicago
- OneChicago's volume continues to grow…..second best February in Exchange history
- Volume soars as managed futures community diversifies holding using single stock futures
CHICAGO, March 1, 2013 /PRNewswire/ -- OneChicago, LLC (OCX), an equity finance exchange, today announced February 2013 volume of 755,732.
(Logo: http://photos.prnewswire.com/prnh/20020911/ONECHICAGOLOGO)
February 2013 highlights include:
- Open interest stood at 703,831 contracts on the equity finance exchange at the end of February 2013, up 79% from February 2012.
- 730,939 Exchange Futures for Physicals (EFPs) and blocks were traded. February 2013 EFPs and blocks activity represented $3.0 billion in notional value.
- 55% of February 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.
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Month End Volume and Open Interest - Summary
|
|
For 02/2013
|
|
Type
|
02/2013
Avg
Daily Volume
|
02/2013
Total Volume
|
Previous
Year
Monthly Volume
|
% Change
|
YTD
Total Volume
|
Month
End
Open Interest
|
|
ETF
|
11,449
|
217,532
|
2,261
|
9521%
|
424,686
|
120,510
|
|
SSF
|
28,326
|
538,200
|
234,936
|
129%
|
868,785
|
583,321
|
|
Exchange Total
|
39,775
|
755,732
|
237,197
|
219%
|
1,293,471
|
703,831
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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.
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