- 2014 YTD volume surpasses 6.5 million as managed futures community diversifies holdings using single stock futures
- Average August block trade size was 541(54,100 share equivalent)
OneChicago, LLC (OCX), an equity finance exchange, today announced its August 2014 volume of 826,453, a 32% increase 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.
August 2014 highlights include:
- Year-to-date volume through August 29 was 6,595,085 up 16% compared to the first eight months of 2013.
- Open interest increased 18% year-over-year to 736,331 contracts on the equity finance exchange at close-of-market, August 29, 2014.
- 811,925 Exchange Futures for Physicals (EFPs) and blocks were traded. August 2014 EFP and block activity represented $4.4 billion in notional value.
- 62% of August 2014 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 08/2014 | ||||||
Type | 08/2014 Avg Daily Volume | 08/2014 Total Volume | Previous Year Monthly Volume | % Change | YTD Total Volume | Month End Open Interest |
ETF | 12,994 | 272,883 | 202,872 | 35% | 1,888,336 | 148,111 |
SSF | 26,360 | 553,570 | 424,968 | 30% | 4,706,749 | 588,220 |
Exchange Total | 39,355 | 826,453 | 627,840 | 32% | 6,595,085 | 736,331 |