OneChicago, LLC (OCX), an equity finance exchange, today announced that October 2012 volume of 424,573 was up 149% over October 2011.
October 2012 highlights include:
- 412,066 Exchange Futures for Physicals (EFPs) and blocks were traded. October 2012 EFPs and blocks activity represented $1.9 billion in notional value.
- 48% of October 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 487,155 contracts on the equity finance exchange at the end of October 2012, up 31% percent year-over-year compared with October 2011.
- Since its launch in Q4 2010, OCX.NoDivRisk has grown to 59% of the EFP volume, 44% of the block volume and 46% of the open interest.
