OneChicago scores July equity futures increase
02 August 2013 Chicago
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OneChicago saw its equity futures volume rise in July, beating the previous year by 58 percent.
Open interest stood at 611,092 contracts on the equity finance exchange at the end of July, up 36 percent year-over-year.
More than 500,000 exchange futures for physicals (EFPs) and blocks were traded in July, representing $2.9 billion in notional value. OCX.NoDivRisk products accounted for 60 percent of OneChicago’s July month-end open interest.
“The demand from the managed futures community has been very effective in tapping the enormous liquidity available for these Delta One products and we anticipate this accelerating through the end of the year,” said David Downey, CEO of OneChicago.
Open interest stood at 611,092 contracts on the equity finance exchange at the end of July, up 36 percent year-over-year.
More than 500,000 exchange futures for physicals (EFPs) and blocks were traded in July, representing $2.9 billion in notional value. OCX.NoDivRisk products accounted for 60 percent of OneChicago’s July month-end open interest.
“The demand from the managed futures community has been very effective in tapping the enormous liquidity available for these Delta One products and we anticipate this accelerating through the end of the year,” said David Downey, CEO of OneChicago.
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