OneChicago, LLC (OCX), a securities finance exchange, today announced its October 2016 volume of 898,012, an increase of 54% 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.
October 2016 highlights include:
- October 2016 volume was 898,012 up 54% year over year.
- Open interest decreased 36% year-over-year to 376,518 contracts on the securities finance exchange at close-of-market, October 31, 2016.
- 96% of October 2016 month-end open interest was in OCX.NoDivRisk® products. The OCX.NoDivRisk product suite is an innovative equity finance tool that removes dividend risk for customers carrying synthetic equity delta exposure.