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OneChicago Announces Trading Volume for March 2017

CHICAGO, April 3, 2017 /PRNewswire/ -- OneChicago, LLC (OCX), a securities finance exchange, today announced its March 2017 volume of 1,469,494, an increase of 2% 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.  

OneChicago is an equity finance exchange providing a marketplace for trading security futures and the related exchange for physical. OCX lists approximately 2,000 products, including ADRs, ETFs and OCX.NoDivRisk contracts. Contracts are cleared through the centralized counterparty, AAA-rated OCC, and are regulated by both the SEC and CFTC. Security futures, a Delta one product, are utilized for synthetic equity strategies including equity swaps, equity repos and stock loan/borrow transactions.

March 2017 highlights include:

  • March 2017 volume was 1,469,494, up 2% year over year.
  • March 2017 OCX.NoDivRisk notional valued traded increased 133% to $5.68 billion, year over year. This growth is primarily due to the increased use of Weekly futures to transition delta exposure from a capital intensive cash equity position to the OneChicago futures.
  • 98% of March 2017 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.

ABOUT ONECHICAGO
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OneChicago (OCX) is the only US equity finance exchange for trading single stock futures, a Delta One product.  Regulated by the SEC and CFTC, OCX lists approximately 1,800 products, including ADRs, ETFs and OCX.NoDivRisk® products, which include the OCX.Weekly. Contracts are cleared through the centralized counterparty, "AA+"-rated OCC. OneChicago OCX.NoDivRisk products are utilized for synthetic equity strategies including equity swaps, equity repos and stock loan/borrow transactions. The OneChicago expiring OCX.Weekly spread is economically equivalent to an equity repo or stock loan transaction. For more information, please visit our Website at: http://www.OneChicago.com or contact us at 312-883-3440.

 

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