OneChicago President Marty Doyle said, “Our latest open interest record reflects the confidence market participants have in OneChicago. And the Exchange’s volume increases are the result of more and more traders using single stock futures for a variety of their portfolio needs.”
Each single stock futures contract is equivalent to 100 shares of the underlying stock or exchange-traded fund.
The Exchange lists 169 futures on single stocks, including futures on the DIAMONDS® Trust. An additional eleven new single stock futures contracts begin trading July 8.
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 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.