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OneChicago, LLC today reported that 683,946 security futures contracts traded at the Exchange in September, a 27% increase over September 2005 Volume. Average daily volume (ADV) in September was 34,197 contracts.
ADV for the third quarter was 41,459 contracts, or 47% higher than the 28,090 ADV for the third quarter of 2005.
Year-to-date volume is up 48%. Open interest stood at 1,374,008 contracts September 29.
Each single stock futures contract is equivalent to 100 shares of the underlying stock. The top five single stock futures contracts by volume in September were:
- General Electric Co. (GE1C)
- AT&T (T1C)
- Procter & Gamble Co. (PG1C)
- BellSouth Corp. (BLS1C)
- American Express Co. (AXP1C)
The Exchange lists 371 futures on single stocks, five Exchange Traded Funds including four ETFs of the 1,000 share size, as well as five 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 Interactive Brokers Group, LLC, 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.
