Each single stock futures contract is equivalent to 100 shares of the underlying stock or exchange-traded fund. The top five single stock futures contracts by volume in March were:
Wal-Mart Stores Inc. (WMT1C)
Merck & Co. Inc. (MRK1C)
Exxon Mobil Corp. (XOM1C)
U.S. Bancorp (USB1C)
Citigroup Inc. (C1C)
The Exchange lists 206 futures on single stocks, including futures on the DIAMONDS® Trust, as well as four OneChicago Select Indexes, a series of customer-designed narrow-based security index futures. OneChicago rules permit block and EFP trading and a substantial percentage of the Exchange’s volume results from such trades.
OneChicago is a joint venture of the Chicago Board Options Exchange Incorporated® (CBOE®), Chicago Mercantile Exchange Inc. (CME®) and the Chicago Board of Trade (CBOT®). All products are electronically traded on the CBOEdirect® match engine and accessible through the CBOEdirect and CME Globex® platforms. Security futures can be traded out of either securities or futures accounts. For more information about OneChicago and its products, please access the OneChicago Web site at www.OneChicago.com.