OneChicago President Marty Doyle said, “After more than two years of working to build our markets, it’s gratifying to see single stock futures gaining traction. June is the fifth consecutive month in which year-over-year volume has increased. And by all indications from our current and prospective customers, we expect our business to continue to grow.”
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 June were:
- General Electric Co. (GE1C)
Verizon Communications Inc. (VZ1C) - U.S. Bancorp (USB1C)
- PepsiCo Inc. (PEP1C)
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.
Click here to view the June 2005 OneChicago Volume Report.