OneChicago, LLC (OCX), a securities finance exchange, today announced its September 2016 volume of 1,075,031, an increase of 11% 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.
August 2016 highlights include:
- September 2016 volume was 1,075,031 up 11% year over year.
- Open interest decreased 20% year-over-year to 421,206 contracts on the securities finance exchange at close-of-market, September 30, 2016.
- 96% of September 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.