OneChicago, LLC (OCX), an equity finance exchange, today announced that a total of 433,498 security futures contracts were traded in the month of August 2012.
August 2012 highlights include:
- 416,449 Exchange Futures for Physicals (EFPs) and blocks were traded. August 2012 EFPs and blocks activity represented $2.4 billion in notional value.
- 50% of August 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 from the security futures.
- 80,226 of August 2012 futures valued at more than $489 million were taken to delivery, emphasizing the use of single stock futures as an equity finance product.
- Open interest stood at 525,995 contracts on the equity finance exchange at the end of August 2012.
