OneChicago Announces June 2014 Trading Volume up 63% Compared to June 2013 - KMPH FOX 26 | Central San Joaquin Valley News Source

OneChicago Announces June 2014 Trading Volume up 63% Compared to June 2013

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE OneChicago, LLC

--Year-to-date volume outpacing record breaking year of 2013 by 10%

--Average June block trade size was 680 (68.000 share equivalent)

CHICAGO, July 1, 2014 /PRNewswire/ -- OneChicago, LLC (OCX), an equity finance exchange, today announced its June 2014 volume of 1,269,074, a 63% increase year-over-year. OneChicago is a CFTC and SEC regulated exchange offering Single Stock Futures (SSF), a Delta One product, on approximately 1,500 equities, including ADRs and ETFs.   

OneChicago is an equity finance exchange providing a marketplace for trading security futures and the related exchange for physical. OCX lists approximately 2,000 products, including ADRs, ETFs and OCX.NoDivRisk contracts. Contracts are cleared through the centralized counterparty, AAA-rated OCC, and are regulated by both the SEC and CFTC. Security futures, a Delta one product, are utilized for synthetic equity strategies including equity swaps, equity repos and stock loan/borrow transactions.

June 2014 highlights include:

  • OCX.Weekly products with 1 day delivery cycle were launched on June 20. The OCX.Weekly product lists each day of the week, expiring one week later. Critically, they settle to stock on expiration +1, in contrast to our monthly expirations which settles to stock on expiration +3.
  • Open interest increased 8% year-over-year to 633,251 contracts on the equity finance exchange at close-of-market, June 30, 2014.
  • 1,254,954 Exchange Futures for Physicals (EFPs) and blocks were traded. June 2014 EFP and block activity represented $6.7 billion in notional value.
  • 56% of June 2014 month-end open interest was in OCX.NoDivRisk™ products. The OCX.NoDivRisk product suite is an innovative equity finance tool, which removes dividend risk for customers carrying equity delta exposure through derivatives.

Month End Volume and Open Interest - Summary

For 06/2014

Type

06/2014 Avg Daily Volume

06/2014 Total Volume

Previous Year Monthly Volume

% Change

YTD Total Volume

Month End Open Interest

ETF

11,357

238,499

206,833

15%

1,295,156

131,583

SSF

49,075

1,030,575

573,300

80%

3,662,216

501,668

Exchange Total

60,432

1,269,074

780,133

63%

4,957,372

633,251

ABOUT ONECHICAGO

---------------------------------

OneChicago (OCX) is the only US equity finance exchange for trading security futures and the related EFP. Regulated by the SEC and CFTC, OCX lists approximately 2,800 products, including ADRs, ETFs and OCX.NoDivRisk™ contracts. Contracts are cleared through the centralized counterparty, "AA+"-rated OCC. Security futures, a Delta One product, are utilized for synthetic equity strategies including equity swaps, equity repos and stock loan/borrow transactions. The OneChicago OCX.NoDivRisk, Exchange Futures for Physical transaction is economically equivalent to a Securities Lending Transaction.

OCX.NoDivRisk contracts are security futures with dividends removed from the pricing as the future's price is adjusted down by the value of the dividend on Ex-date. For more information, please visit our Website at: http://www.OneChicago.com or contact us at 312-424-8520.

Logo - http://photos.prnewswire.com/prnh/20020911/ONECHICAGOLOGO

©2012 PR Newswire. All Rights Reserved.

  • Local NewsLocal NewsMore>>

  • No Running Water At Fresno Apartment Complex

    No Running Water At Fresno Apartment Complex

    Dozens of apartments were without water for most of the morning in a southeast Fresno apartment.Fresno city leaders say the property owner owed the city more than $16,000 for unpaid water bills and penalties, so city crews were forced to turn it off.Resident Anthony Smith says, "You don't expect to be taken advantage of or to be treated as less than. That is what I see and feel this company has done to the people here."For years, the Air Force veteran has lived at the complex.Smith says he's...More >>
    Dozens of apartments were without water for most of the morning in a southeast Fresno apartment.Fresno city leaders say the property owner owed the city more than $16,000 for unpaid water bills and penalties, so city crews were forced to turn it off.Resident Anthony Smith says, "You don't expect to be taken advantage of or to be treated as less than. That is what I see and feel this company has done to the people here."For years, the Air Force veteran has lived at the complex.Smith says he's...More >>
  • Motorcyclist Killed In Overnight Crash In Selma

    Motorcyclist Killed In Overnight Crash In Selma

    One person is dead and another is in the hospital after two motorcycles crashed in Selma. This happened just before 3:00 a.m. Tuesday morning near the intersection of Nebraska and De Wolf.More >>
    One person is dead and another is in the hospital after two motorcycles crashed in Selma. This happened just before 3:00 a.m. Tuesday morning near the intersection of Nebraska and De Wolf.More >>
  • Derek Carr Starting Raiders Opening Game

    Derek Carr Starting Raiders Opening Game

    Big news for fans of Fresno State football... Derek Carr will be starting the season opener at quarterback for the Oakland Raiders.More >>
    Big news for fans of Fresno State football... Derek Carr will be starting the season opener at quarterback for the Oakland Raiders.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KMPH. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.