Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

OneChicago Announces Trading Volume For January 2016 – OneChicago Finalizing Plans For Offering Basis Point At Cash Close Trading

Date 01/02/2016

OneChicago, LLC (OCX), a securities finance exchange, today announced its January 2016 volume of 862,488, an increase of 58% 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.

January 2016 highlights include:

  • Month over Month volume was 862,488, up 58% compared to 2015.
  • Open interest increased 21% year-over-year to 643,975 contracts on the securities finance exchange at close-of-market, January 29, 2016.
  • 58% of January 2016 month-end open interest was in OCX.NoDivRisk® 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.

 

Month End Volume and Open Interest – Summary
For 01/2016
Type 01/2016 Avg Daily Volume 01/2016 Total Volume Previous Year Monthly Volume % Change YTD Total Volume Month End Open Interest
ADR 10,636 202,087 135,374 49% 202,087 78,270
ETF 12,099 229,878 126,066 82% 229,878 95,802
SSF 22,659 430,523 285,502 51% 430,523 469,903
Exchange Total 45,394 862,488 546,942 58% 862,488 643,975