OneChicago Announces Trading Volume For February 2016 - Year To Date Volume Up 19% Compared To 2015

OneChicago, LLC (OCX), a securities finance exchange, today announced its February 2016 volume of 790,085, a decrease of 6% year-over-year. OneChicago is a CFTC and SEC regulated exchange offering Single Stock Futures (SSF), a Delta One product, on approximately 1,800 equities, including ADRs and ETFs.   

February 2016 highlights include:

• Month over Month volume was 790,085, down 6% compared to 2015.
• Open interest increased 7% year-over-year to 619,759 contracts on the securities finance exchange at close-of-market, February 29, 2016.
• 56% of February 2016 month-end open interest was in OCX.NoDivRisk® products. The OCX.NoDivRisk product suite is an innovative equity finance tool that removes dividend risk for customers carrying synthetic equity delta exposure.
• OneChicago's upcoming Basis Point at Cash Close ("BPAC") transactions provides for trades to be executed at the desired basis point difference to the underlying cash close price. BPAC trading allows participants to participate in the cash close liquidity to price and, if appropriate, hedge their OneChicago trades. BPAC trades can be executed at any point during the regular trading session.