OneChicago Reports Record Volume, Open Interest In July
Volume Up 903% Over July ’04, Up 150% YTD
CHICAGO, IL – Aug. 1, 2005 –
OneChicago, LLC today reported that 860,139 security futures contracts traded at the Exchange in July, an all-time monthly record. July volume is 903% higher than the 85,772 traded in July 2004. The average daily volume of 43,007 contracts is 953% higher than in July 2004. Year-to-date volume is up 150%.
Fifteen open interest records were set in July, eight of them reached on consecutive trading days. Open interest stood at 1,101,065 on July 29.
Marty Doyle, President of OneChicago, said, “July marks the sixth consecutive month of year-over-year monthly volume gains. Our new volume and open interest records confirm the growing momentum surrounding OneChicago and security futures. As we move into the second half of the year we continue to educate the marketplace about security futures and their various uses.”
Each single stock futures contract is equivalent to 100 shares of the underlying stock or exchange-traded fund. The top five single stock futures contracts by volume in July were
Exxon Mobil Corp. (XOM1C)
Citigroup Inc. (C1C)
Intel Corp. (INTC1C)
Procter & Gamble Co. (PG1C)
The Exchange lists 185 futures on single stocks, including futures on the DIAMONDS® Trust, as well as the first of the OneChicago Select Indexes, a new series of customer-designed narrow-based security index futures launched in July.
OneChicago is a joint venture of the Chicago Board Options Exchange Incorporated® (CBOE®), Chicago Mercantile Exchange Inc. (CME) and the Chicago Board of Trade (CBOT®). All products are electronically traded on the CBOEdirect® match engine and accessible through the CBOEdirect and GLOBEX® platforms. Security futures can be traded out of either securities or futures accounts. For more information about OneChicago and its products, please access the OneChicago Web site.