Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 100,340.21 -59.69

Record-Breaking Volume On OneChicago In 2013 - Total 2013 Volume Tops 9.5 Million, An Increase Of 48% Over Prior Year Levels

Date 02/01/2014

OneChicago, LLC (OCX), an equity finance exchange, today announced December 2013 volume of 1,174,205 and a total volume of 9,515,194 for full-year 2013.

“It is very simple – lowering your cost structure provides higher yields and a competitive advantage. Customers using the security futures products are able to carry equity positions on much more favorable financing terms than traditional margin loans while allowing the customers to capture the benefit from the value of the position in the securities lending markets. 2013 was a breakout year for the product as customers began to grasp this concept,” said David Downey, CEO of OneChicago. “In addition, CTA participation increased dramatically as we were successful in introducing the futures side of the world to the vast liquidity pools on the equity side. We anticipate this will expand in the years to come.”

December 2013 highlights include:

  • Open interest stood at 489,272 contracts on the equity finance exchange at close-of-market.
  • 1,155,399 Exchange Futures for Physicals (EFPs) and blocks were traded. December 2013 EFPs and blocks activity represented $5.7 billion in notional value.
  • 49% of December 2013 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 through derivatives.
 Month End Volume and Open Interest – Summary

 

 For 12/2013

 

 Type

 

  

 12/2013 Avg Daily Volume

 

  

 12/2013 Total Volume

 

  

 Previous Year Monthly Volume

 

  

 % Change

 

  

 YTD Total Volume

 

  

 Month End Open Interest

 

  

ETF

 

 

12,018

 

 

252,370

 

 

281,930

 

 

-10%

 

 

2,772,658

 

 

84,302

 

 

SSF

 

 

43,897

 

 

921,835

 

 

1,009,632

 

 

-9%

 

 

6,742,536

 

 

404,970

 

 

 Exchange Total

 

  

55,915

 

 

1,174,205

 

 

1,291,562

 

 

-9%

 

 

9,515,194

 

 

489,272