Security futures contracts drop at OneChicago
07 September 2012 Chicago
Image: Shutterstock
OneChicago (OCX), an equity finance exchange, traded 433,498 security futures contracts in August 2012, a dip compared to 507,238 traded in the same month a year earlier. However, August saw an increase from July 2012, where 369,694 contracts were traded.
416,449 Exchange Futures for Physicals (EFPs) and blocks were traded, with August 2012 EFPs and blocks activity representing $2.4 billion in notional value.
50 percent of August 2012 month-end open interest was in OCX.NoDivRisk products. The OCX.NoDivRisk product suite aims to remove dividend risk from the security futures.
80,226 of August 2012 futures valued at more than $489 million were taken to delivery, emphasizing the use of single stock futures as an equity finance product.
Open interest stood at 525,995 contracts on the equity finance exchange at the end of August 2012.
416,449 Exchange Futures for Physicals (EFPs) and blocks were traded, with August 2012 EFPs and blocks activity representing $2.4 billion in notional value.
50 percent of August 2012 month-end open interest was in OCX.NoDivRisk products. The OCX.NoDivRisk product suite aims to remove dividend risk from the security futures.
80,226 of August 2012 futures valued at more than $489 million were taken to delivery, emphasizing the use of single stock futures as an equity finance product.
Open interest stood at 525,995 contracts on the equity finance exchange at the end of August 2012.
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