OneChicago Announces August 2013 Equity Futures Volume Up 45% Year-Over-Year - 2013 YTD Volume Surpasses 5.6 Million As Managed Futures Community Diversifies Holdings Using Single Stock Futures

OneChicago, LLC (OCX), an equity finance exchange, today announced August 2013 volume of 627,840.

“Our efforts to introduce the managed futures markets to the deep liquidity pools in the equity markets continue to pay off,” said David Downey, CEO at OneChicago. “Customers looking to carry equity exposure synthetically via the Security Futures are benefitting from the competitive interest rates provided by the equity financing desks.”

August 2013 highlights include: 

• Open interest stood at 623,762 contracts on the equity finance exchange at close-of-market, August 30, 2013, up 19% year-over-year.
• 598,646 Exchange Futures for Physicals (EFPs) and blocks were traded. August 2013 EFPs and blocks activity represented $2.9 billion in notional value.
• 60% of August 2013 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.