OneChicago, LLC (OCX), an equity finance exchange, today announced its July 2014 volume of 811,260 a 39% 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.
July 2014 highlights include:
- Year -to-date volume through July 31 was 5,768,632, up 14% compared to the first seven months of 2013.
- Open interest increased 10% year-over-year to 672,136 contracts on the equity finance exchange at close-of-market, July 31, 2014.
- 801,943 Exchange Futures for Physicals (EFPs) and blocks were traded. July 2014 EFP and block activity represented $4.0 billion in notional value.
- 58% of July 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 07/2014 | ||||||
| Type | 07/2014 Avg Daily Volume | 07/2014 Total Volume | Previous Year Monthly Volume | % Change | YTD Total Volume | Month End Open Interest |
| ETF | 14,559 | 320,297 | 175,106 | 83% | 1,615,453 | 135,056 |
| SSF | 22,317 | 490,963 | 407,575 | 20% | 4,153,179 | 537,080 |
| Exchange Total | 36,875 | 811,260 | 582,681 | 39% | 5,768,632 | 672,136 |
