OneChicago year-to-date volume up 64%
01 December 2010 Chicago
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OneChicago, LLC (OCX), the 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.
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.
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