OneChicago announces June volumes
04 July 2011 Chicago
Image: Shutterstock
OneChicago, has announced that a total of 393,546 security futures contracts were traded in the month of June 2011.
710,515 Blocks were traded in the second quarter of 2011, a 79 per cent increase compared with the second-quarter of 2010.
June 2011 Highlights
• 38 per cent of June 2011 month-end open interest was in OCX.NoDivRisk™ products. The OCX.NoDivRisk product suite is an innovative equity finance tool which removes dividend risk from the security futures. OneChicago currently lists 1252 OCX.NoDivRisk products.
• 207,880 June futures valued at more than $1.2 billion were taken to delivery, validating the use of single stock futures as an equity finance product.
OCX.RiskMan added a restricted stock list functionality feature, enhancing clearing firms’ risk management controls. OneChicago’s OCX.RiskMan is used by clearing firms to set risk controls for each OCX.BETS access point they authorise. OCX.BETS supports the trading/reporting of Blocks and Exchange Futures for Physicals (EFP) in OneChicago’s products.
710,515 Blocks were traded in the second quarter of 2011, a 79 per cent increase compared with the second-quarter of 2010.
June 2011 Highlights
• 38 per cent of June 2011 month-end open interest was in OCX.NoDivRisk™ products. The OCX.NoDivRisk product suite is an innovative equity finance tool which removes dividend risk from the security futures. OneChicago currently lists 1252 OCX.NoDivRisk products.
• 207,880 June futures valued at more than $1.2 billion were taken to delivery, validating the use of single stock futures as an equity finance product.
OCX.RiskMan added a restricted stock list functionality feature, enhancing clearing firms’ risk management controls. OneChicago’s OCX.RiskMan is used by clearing firms to set risk controls for each OCX.BETS access point they authorise. OCX.BETS supports the trading/reporting of Blocks and Exchange Futures for Physicals (EFP) in OneChicago’s products.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
