OneChicago swells up 02 October 2012Chicago Reporter: Jenna Jones
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OneChicago surpassed its whole volume for last year within the first three quarters of 2012. Volume in Q3 2012 was up 105 percent, compared to the same period in 2011 and exceeded more than 3.7 million contracts so far this year.
The September 2012 volume of 847,488 was up 365 percent year-over-year compared with September 2011. Other September highlights included 828,536 exchange futures for physicals (EFPs) blocks traded, with EFPs and blocks activity representing $4.9 billion in notional value.
The company’s equity finance tool, OCX.NoDivRisk, accounted for 46 percent of September 2012 month-end open interest.
181,126 of September 2012 futures valued at more than $1,012 billion were taken to delivery, “emphasising the use of single stock futures as an equity finance product,” said a statement from the firm.
Open interest stood at 493,995 contracts on the equity finance exchange at the end of September 2012, up 41 percent year-on-year compared with September 2011.
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