OneChicago completes "record year"
06 January 2015 Chicago
Image: Shutterstock
OneChicago’s December 2014 volume stood at 1,087,256, a decrease of 7 percent year-over-year.
Continuing its growth momentum from the previous year, 2014 marked the first year volume exceeded 10 million contracts.
Year-to-date volume through 31 December 2014 was 10,907,977, which was an increase of 15 percent compared to 2013.
Open interest increased 32 percent year-over-year to 646,059 contracts on the equity finance exchange at close-of-market, 31 December 2014.
OneChicago traded 1,077,599 blocks and Exchange Futures for Physicals (EFP) on its OCXdelta1 platform during the month, while EFP and block activity represented $5.9 billion in notional value for the firm.
Fifty-eight percent of December 2014 month-end open interest was in OCX.NoDivRisk products.
During 2014, OneChicago passed a number of milestones that contributed to what it has deemed a “record year”.
These include the introduction of OCX.Weekly Futures with next-day settlement, the reduction in execution fees by 75 percent for the OCX.NoDivRisk product suite, and the launch of its newest trading platform, OCXdelta1.
Continuing its growth momentum from the previous year, 2014 marked the first year volume exceeded 10 million contracts.
Year-to-date volume through 31 December 2014 was 10,907,977, which was an increase of 15 percent compared to 2013.
Open interest increased 32 percent year-over-year to 646,059 contracts on the equity finance exchange at close-of-market, 31 December 2014.
OneChicago traded 1,077,599 blocks and Exchange Futures for Physicals (EFP) on its OCXdelta1 platform during the month, while EFP and block activity represented $5.9 billion in notional value for the firm.
Fifty-eight percent of December 2014 month-end open interest was in OCX.NoDivRisk products.
During 2014, OneChicago passed a number of milestones that contributed to what it has deemed a “record year”.
These include the introduction of OCX.Weekly Futures with next-day settlement, the reduction in execution fees by 75 percent for the OCX.NoDivRisk product suite, and the launch of its newest trading platform, OCXdelta1.
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