OneChicago, LLC (OCX), an equity finance exchange, today announced that a total of 393,546 security futures contracts were traded in the month of June 2011.
710,515 Blocks were traded in the second quarter of 2011, a 79% increase compared with the second-quarter of 2010.
June 2011 Highlights
- 38% of June 2011 month-end open interest was in OCX.NoDivRisk™ products. The OCX.NoDivRisk product suite is an innovative equity finance tool which removes dividend risk from the security futures. OneChicago currently lists 1252 OCX.NoDivRisk products.
- 207,880 June futures valued at more than $1.2 billion were taken to delivery, validating the use of single stock futures as an equity finance product.
- OCX.RiskMan™ added a restricted stock list functionality feature, enhancing clearing firms’ risk management controls. OneChicago’s OCX.RiskMan™ is used by clearing firms to set risk controls for each OCX.BETS® access point they authorize. OCX.BETS supports the trading/reporting of Blocks and Exchange Futures for Physicals (EFP) in OneChicago’s products.
