OneChicago volumes slide in July
03 August 2016 Chicago
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Securities finance exchange OneChicago registered a trading volume of 853,607 in July 2016, marking a 27 percent dip compared to July 2015.
Year-to-date, however, trading volumes remain up by 6 percent.
Open interest also saw a decrease of 30 percent, reaching 539,831 contracts by close-of-market on 29 July. Of this, 78 percent was in OneChicago’s OCX.NoDivRisk products.
The OCX.NoDivRisk equity finance tool is designed to reduce dividend risk for customers carrying synthetic equity delta exposure.
OneChicago is the only US equity exchange to offer single stock futures, a delta one product, on approximately 1,800 equities, including exchange-traded funds and American depository receipts, as well as the OCX.NoDivRisk product.
Year-to-date, however, trading volumes remain up by 6 percent.
Open interest also saw a decrease of 30 percent, reaching 539,831 contracts by close-of-market on 29 July. Of this, 78 percent was in OneChicago’s OCX.NoDivRisk products.
The OCX.NoDivRisk equity finance tool is designed to reduce dividend risk for customers carrying synthetic equity delta exposure.
OneChicago is the only US equity exchange to offer single stock futures, a delta one product, on approximately 1,800 equities, including exchange-traded funds and American depository receipts, as well as the OCX.NoDivRisk product.
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