OneChicago, LLC, the only US based exchange for trading Single Stock Futures (SSF), a synthetic stock lending and financing tool, today announced a record volume traded via its Central Limit Order Book (CLOB) of 202,221 SSF contracts. CLOB transactions are those executed on the CBOEDirect engine where customer, firm and market maker activity meet electronically. Yesterday’s record CLOB transactions were a 63.75% increase over the last previous CLOB record of 123,496 SSF contracts traded on May 2, 2008.
“The question most asked by customers is about liquidity on OneChicago. Yesterday’s record activity on the book addresses that issue very clearly. ” commented David G. Downey CEO of OneChicago. “Customer use of the SSF is growing and that is reflected in the increase of the Central Book activity. We have seen record CLOB volume nine times in the past three months which is an indication that the product is being embraced.”
