OneChicago, LLC (OCX), an equity finance exchange, today announced that November 2012 volume of 481,724 was up 13% over October 2012.
November 2012 highlights include:
- 464,923 Exchange Futures for Physicals (EFPs) and blocks were traded. November 2012 EFPs and blocks activity represented $1.7 billion in notional value.
- 50% of November 2012 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
- Open interest stood at 532,597 contracts on the equity finance exchange at the end of November 2012, up 9% percent as compared with October 2012.
- 61,094 of November 2012 futures valued at more than $281 million were taken to delivery, emphasizing the use of single stock futures as an equity finance product.
