OneChicago Announces Trading Volume For July 2015 – Up 44% Over A Year Ago – Average July Block Trade Size Was 347 (34,700 Share Equivalent)

OneChicago, LLC (OCX), a securities finance exchange, today announced its July 2015 volume of 1,164,177, an increase of 44% year-over-year. OneChicago is a CFTC and SEC regulated exchange offering Single Stock Futures (SSF), a Delta One product, on approximately 1,500 equities, including ADRs and ETFs.

July 2015 highlights include:

• In response to input from the trading community, OCX implemented an enhancement to OCXdelta1, the exchange’s matching & trading platform, by integrating competitive block calendar spread markets and regular competitive calendar spread markets to create a single pool of liquidity for new and existing customers to utilize.

• OCX’s pilot program to cap the OCX.NoDivRisk^® execution fees at $700 per side per trade began July 1, 2015. The pilot program, which applies to all OCX.Weekly products and all “1D” futures, will continue through at least year-end 2015, and may be extended into 2016.
• Open interest increased 15% year-over-year to 771,568 contracts on the equity finance exchange at close-of-market, July 31, 2015.
• Year-to-date volume through July 31, 2015, was 6,706,035, up 16% compared to 2014.
• 65% of July 2015 month-end open interest was in OCX.NoDivRisk™ products. The OCX.NoDivRisk product suite is an innovative equity finance tool that removes dividend risk for customers carrying synthetic equity delta exposure.