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>>

  • Teen Dies Five Times and Lives To Tell His Story

    Teen Dies Five Times and Lives To Tell His Story

    A teenager from Madera Ranchos says he's lucky to be alive. Kenny Holland died when he went into cardiac arrest five times in fourteen minutes.
    More >>
    A teenager from Madera Ranchos says he's lucky to be alive. Kenny Holland died when he went into cardiac arrest five times in fourteen minutes.

    More >>
  • Man Leaves Dog In Hot Car For Hours, Gets A Ticket

    Man Leaves Dog In Hot Car For Hours, Gets A Ticket

    The dog days of summer are a real danger for dogs whose owners leave them inside hot locked cars.Animal control officers say, "Don't do it. It's against the law!"Parked cars in the hot valley sun are deathtraps for animals.On a 90-degree day, the interior temperature of a car can reach as high as 160 degrees in less than 10 minutes.Clovis officers say a man left his dog in locked truck for more than 2 hours in a parking lot near Nees and Willow.When our KMPH Fox 26 news photographers arrived...More >>
    The dog days of summer are a real danger for dogs whose owners leave them inside hot locked cars.Animal control officers say, "Don't do it. It's against the law!"Parked cars in the hot valley sun are deathtraps for animals.On a 90-degree day, the interior temperature of a car can reach as high as 160 degrees in less than 10 minutes.Clovis officers say a man left his dog in locked truck for more than 2 hours in a parking lot near Nees and Willow.When our KMPH Fox 26 news photographers arrived...More >>
  • Fresno Girl Battles Rare Cancer, Friends Organize Fundraisers

    Fresno Girl Battles Rare Cancer, Friends Organize Fundraisers

    Battling cancer can be tough for anyone. But imagine getting the diagnosis at just eight years old.Isabel Anderson complained to her parents in March that she had double vision. By April, she was diagnosed with an inoperable brain tumor called Diffuse Intrinsic.More >>
    Battling cancer can be tough for anyone. But imagine getting the diagnosis at just eight years old.Isabel Anderson complained to her parents in March that she had double vision. By April, she was diagnosed with an inoperable brain tumor called Diffuse Intrinsic.
    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.