OneChicago is an Equity Finance Exchange offering security futures products
- • Securities futures allow participants to carry equity positions at more favorable financing rates due to the embedded interest rate component.
- • The OCX.NoDivRisk exchange for physical (“EFP”) is equivalent to a stock loan transaction. More information on EFPs can be found here.
- • The EFP is the economic equivalent of an equity swap or equity repo in a central counterparty, exchange traded, transparent environment. More information on EFPs can be found here.