OneChicago Announces Trading Volume for February 2016

- Year to Date volume up 19% compared to 2015

Mar 01, 2016, 13:30 ET from OneChicago, LLC

CHICAGO, March 1, 2016 /PRNewswire/ -- OneChicago, LLC (OCX), a securities finance exchange, today announced its February 2016 volume of 790,085, a decrease of 6% 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.   

February 2016 highlights include:

  • Month over Month volume was 790,085, down 6% compared to 2015.
  • Open interest increased 7% year-over-year to 619,759 contracts on the securities finance exchange at close-of-market, February 29, 2016.
  • 56% of February 2016 month-end open interest was in OCX.NoDivRisk® products. The OCX.NoDivRisk product suite is an innovative equity finance tool that removes dividend risk for customers carrying synthetic equity delta exposure.
  • OneChicago's upcoming Basis Point at Cash Close ("BPAC") transactions provides for trades to be executed at the desired basis point difference to the underlying cash close price. BPAC trading allows participants to participate in the cash close liquidity to price and, if appropriate, hedge their OneChicago trades. BPAC trades can be executed at any point during the regular trading session.

Month End Volume and Open Interest - Summary

For 02/2016

Type

02/2016
Avg Daily
Volume

02/2016
Total
Volume

Previous
Year
Monthly
Volume

%
Change

YTD Total
Volume

Month End
Open
Interest

ADR

7,518

150,367

90,714

66%

352,454

55,230

ETF

9,818

196,364

104,352

88%

426,242

79,662

SSF

22,168

443,354

642,261

-31%

873,877

484,867

Exchange Total

39,504

790,085

837,327

-6%

1,652,573

619,759

 

ABOUT ONECHICAGO
---------------------------------
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® products, which include the OCX.Weekly. Contracts are cleared through the centralized counterparty, "AA+"-rated OCC. OneChicago OCX.NoDivRisk products 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.

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SOURCE OneChicago, LLC



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