OneChicago, LLC reported that 1,039,471 security futures contracts traded at the Exchange in August, an all-time monthly volume record. Average daily volume was a record 45, 194, a 160% increase over August 2005 volume.
Year-to-date volume is up 52%. Open interest stood at 1,130,494 contracts Aug. 31.
Each single stock futures contract is equivalent to 100 shares of the underlying stock or exchange-traded fund. The top five single stock futures contracts by volume in August were:- General Electric (GE)
- Pfizer (PFE)
- Johnson & Johnson (JNJ)
- Bank of America (BAC)
- AT&T Corporation (T)
The Exchange lists 228 futures on single stocks, futures on the DIAMONDS® Trust, as well as five OneChicago Select Indexes, a series of customer-designed narrow-based security index futures. OneChicago rules permit block and EFP trading and a substantial percentage of the Exchange’s volume results from such trades.
OneChicago is a joint venture of Interactive Brokers Group, LLC, the Chicago Board Options Exchange Incorporated® (CBOE®), Chicago Mercantile Exchange Inc. (CME®) and the Chicago Board of Trade (CBOT®). All products are electronically traded on the CBOEdirect® match engine and accessible through the CBOEdirect and CME Globex® platforms. Security futures can be traded out of either securities or futures accounts. For more information about OneChicago and its products, please access the OneChicago Web site.
