OneChicago sees August highs
02 September 2015 Chicago
Image: Shutterstock
OneChicago, a securities finance exchange, boasted a 57 percent increase in its trading volume from 2014 for August 2015, with more than a million recorded trades.
The data marks the fourth consecutive month of double-digit growth in trading volume at OneChicago.
The exchange offers single stock futures, a delta one product, on approximately 1,500 equities, including American depository receipts and exchange-traded funds.
Total year-to-date trading volume reached 8 million by 31 August, a 21 percent increase on August 2014.
In contrast, open interest decreased 8 percent from 2014 to 676,611 contracts on the equity finance exchange at close-of-market, for August. Sixty percent of this interest was in OCX.NoDivRisk products.
The OCX.NoDivRisk product suite is an equity finance tool that removes dividend risk for customers carrying synthetic equity delta exposure.
The data marks the fourth consecutive month of double-digit growth in trading volume at OneChicago.
The exchange offers single stock futures, a delta one product, on approximately 1,500 equities, including American depository receipts and exchange-traded funds.
Total year-to-date trading volume reached 8 million by 31 August, a 21 percent increase on August 2014.
In contrast, open interest decreased 8 percent from 2014 to 676,611 contracts on the equity finance exchange at close-of-market, for August. Sixty percent of this interest was in OCX.NoDivRisk products.
The OCX.NoDivRisk product suite is an equity finance tool that removes dividend risk for customers carrying synthetic equity delta exposure.
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