OneChicago Reports November Volume, Year-to-Date Volume up 64%

Dec 01, 2010, 16:29 ET from OneChicago, LLC

CHICAGO, Dec. 1, 2010 /PRNewswire/ -- OneChicago, LLC (OCX), the only US regulated all-electronic exchange for trading security futures, reported today that 219,071 security futures contracts traded at the Exchange in November 2010. Exchange for Physical (EFP) volume was up 106% compared to October 2010 and up 40% compared to November 2009. The year-to-date volume was 4,334,148 – a 64% increase from 2009.


Open interest stood at 399,243 contracts at the end of November 2010.

November 2010 Highlights

  • The new groundbreaking OCX.NoDiv™ product that removes dividend uncertainty completed its first full month of trading. Customer's demands lead to 112 new products being listed by month's end. Additional OCX.NoDiv™ products will be added on a weekly basis. Market makers are making markets in both the outright products and the OCX.NoDiv™ EFPs.
  • EFP volume was up 40% compared to November 2009 and up 106% from October 2010.
  • 187,016 EFPs and blocks were traded, encompassing $845 million in notional value.
  • 112,468 November futures valued at $391 million were taken to delivery, highlighting the use of single stock futures as an equity finance product. The November open interest represented 23% of all existing open interest on expiration day.

About OneChicago: OneChicago is the only US regulated all-electronic exchange for trading security futures. Presently OneChicago lists approximately 1,590 products, including ETFs. Contracts are cleared through OCC, the triple-A rated centralized counterparty, and are regulated by both the SEC and CFTC. Security futures, a delta one product, function as equity swaps/repos and synthetic stock loan/borrow transactions. For more information, please visit our website at:  

SOURCE OneChicago, LLC