OneChicago Announces Trading Volume For January 2014 - Security Futures Volume On The Exchange Up 14% Year-Over-Year

OneChicago, LLC (OCX), an equity finance exchange, today announced January 2014 volume of 613,613.

“Our customers are finding value in carrying their equity positions using the capital efficiency provided by single stock futures”, said Tom McCabe, COO at OneChicago. “Customers are learning that the Delta One single stock future is a more capital efficient substitute for the underlying stock without the variable risk of options or the counterparty exposure of OTC swaps.”

The announcement follows closely OneChicago’s launch of OCX.Weekly Futures, part of the exchange’s OCX.NoDivRisk™ futures product suite. Pending regulatory approval, OneChicago will be releasing its physically settled OCX.Weekly futures product with next day settlement for the stock delivery upon expiration.

January 2014 highlights include:

• Open interest stood at 582,396 contracts on the equity finance exchange at close-of-market, January 31, 2014

• 600,027 Exchange Futures for Physicals (EFPs) and blocks were traded. January 2014 EFPs and blocks activity represented $2.7 billion in notional value.

• 46% of January 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.