OneChicago, LLC (OCX), an equity finance exchange, today announced its November 2014 volume of 1,121,688, an increase of 78% 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.
November 2014 highlights include:
- Year-to-date volume through November 28, 2014, was 9,820,721 up 18% compared to the first eleven months of 2013.
- Open interest increased 11% year-over-year to 705,542 contracts on the equity finance exchange at close-of-market, November 28, 2014.
- 1,117,914 blocks and EFPs were traded on OCXdelta1. November 2014 EFP and block activity represented $5.7 billion in notional value.
- 61% of November 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 11/2014 | ||||||
Type | 11/2014 Avg Daily Volume | 11/2014 Total Volume | Previous Year Monthly Volume | % Change | YTD Total Volume | Month End Open Interest |
ETF | 10,847 | 206,086 | 229,907 | -10% | 2,681,171 | 102,661 |
SSF | 48,190 | 915,602 | 400,028 | 129% | 7,139,550 | 602,881 |
Exchange Total | 59,036 | 1,121,688 | 629,935 | 78% | 9,820,721 | 705,542 |