OneChicago Announces March 2014 Trading Volume Increase Of 68% Year-Over-Year - EFP Q1 2014 Volume Up 673% Compared With Q1 2013

OneChicago, LLC (OCX), an equity finance exchange, today announced its March 2014 volume of 1,261,340, a 68% increase year-over-year. Exchange Futures for Physicals (EFP) quarterly volume grew significantly, reaching a 673% increase compared to Q1 2013. 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. 

 “Carrying equity positions synthetically with competitively derived interest rates and without dividend variation risk is an attractive option for savvy market participants,” said David Downey, CEO at OneChicago.  “This investment strategy combined with the counterparty protections provided by the OCC is driving our volume growths.” 

March 2014 highlights include:

• Open interest stood at 572,260 contracts on the equity finance exchange at close-of-market, March 31, 2014.
• 1,251,445 Exchange Futures for Physicals (EFPs) and blocks were traded. March 2014 EFPs and blocks activity represented $6.5 billion in notional value.
• 44% of March 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.