OneChicago, LLC (OCX), a securities finance exchange, today announced its November 2016 volume of 919,419, an increase of 35% year-over-year. OneChicago is a CFTC and SEC regulated exchange offering Single Stock Futures (SSF), a Delta One product, on approximately 1,800 equities, including ADRs and ETFs.
November 2016 highlights include:
- November 2016 volume was 919,419 up 35% year over year.
- Open interest decreased 26% year-over-year to 457,034 contracts on the securities finance exchange at close-of-market, November 30, 2016.
- 97% of November 2016 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.