OneChicago, LLC (OCX), an equity finance exchange, today announced that December 2012 volume of 1,291,562 was up 168% over November 2012.
December 2012 highlights include:
- 1,272,739 Exchange Futures for Physicals (EFPs) and blocks were traded. December 2012 EFPs and blocks activity represented $5.6 billion in notional value.
- For the full-year 2012, ETF volume reached 1,281,854, up 2941% driven by the strength of ETF futures which provide the same delta exposure that trading in the underlying security offers, but on better financing terms.
- 56% of December 2012 month-end open interest was in OCX.NoDivRisk™ products. The OCX.NoDivRisk product suite is an innovative equity finance tool, which removes dividend risk for customers carrying equity delta exposure.
- Open interest stood at 598,887 contracts on the equity finance exchange at the end of December 2012, up 70% as compared with December 2011.
