OneChicago Announces Trading Volume for December 2015
– Exchange Posts Third Consecutive Record Year as Total Volume Tops 11.7 Million
CHICAGO – January 4, 2016 – OneChicago, LLC (OCX), a securities finance exchange, today announced its December 2015 volume of 1,476,641, an increase of 36% year-over-year. OneChicago is a CFTC and SEC regulated exchange offering Single Stock Futures (SSF), a Delta One product, on approximately 1,800 equities, including ADRs and ETFs.
December 2015 highlights include:
- • 2015 volume was 11,714,015, up 7% compared to 2014, posting 3rd consecutive record year.
- • Open interest increased 3% year-over-year to 662,876 contracts on the securities finance exchange at close-of-market, December 31, 2015.
- • 59% of December 2015 month-end open interest was in OCX.NoDivRisk® The OCX.NoDivRisk product suite is an innovative equity finance tool that removes dividend risk for customers carrying synthetic equity delta exposure.
|Month End Volume and Open Interest – Summary|
|Type||12/2015 Avg Daily Volume||12/2015 Total Volume||Previous Year Monthly Volume||% Change||YTD Total Volume||Month End Open Interest|
+1 312 883.3440
OneChicago (OCX) is the only US equity finance exchange for trading single stock futures, a Delta One product. Regulated by the SEC and CFTC, OCX lists approximately 1,800 products, including ADRs, ETFs and OCX.NoDivRisk™ contracts, which include the OCX.Weekly. Contracts are cleared through the centralized counterparty, “AA+”-rated OCC. OneChicago OCX.NoDivRisk are utilized for synthetic equity strategies including equity swaps, equity repos and stock loan/borrow transactions. The OneChicago expiring OCX.Weekly spread is economically equivalent to an equity repo or stock loan transaction. For more information, please visit our Website at: http://www.OneChicago.com or contact us at 312-883-3440.