OneChicago, LLC (OCX), a securities finance exchange, today announced its May 2017 volume of 1,524,316 an increase of 46% 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.
May 2017 highlights include:
- May 2017 volume was 1,524,316, up 46% year over year.
- May 2017 saw notional value of trading increase 89% to $9.4 billion year over year. The growth was propelled by equity finance participants utilizing spread transactions to transfer relatively expensive equity positions and replace them with delta one equivalent Security Futures.
- OneChicago will soon begin offering serial Friday expirations to allow participants greater flexibility with their term financing needs.
