OneChicago Announces Trading Volume For October 2013 - Volume Increased 76% Over October Of 2012 Driven By Managed Futures Community Diversifying Holdings Using Single Stock Futures

OneChicago, LLC (OCX), an equity finance exchange, today announced October 2013 volume of 747,797.

 “With the impending capital constraints caused by Basel III, we are seeing evidence of funds being squeezed by their prime brokers. These participants are beginning to understand how to utilize our products as a form of synthetic prime brokerage, giving them access to leverage and financing,” said David Downey, CEO of OneChicago.

October 2013 highlights include: 

• Open interest stood at 618,050 contracts on the equity finance exchange at close-of-market, October 31, 2013, up 27% year-over-year.

• 728,266 Exchange Futures for Physicals (EFPs) and blocks were traded. September 2013 EFPs and blocks activity represented $ 3.7 billion in notional value.

• 53% of October 2013 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.