Reported by Securities Lending Times:
OneChicago’s trading volume for Q2 2013 has increased 80 percent year-on-year with volume of 780,133 for June 2013.
Open interest stood at 586,014 contracts on the equity finance exchange at the end of June 2013.
Exchange futures for physicals (EFPs) and blocks traded hit 747,870. June 2013 EFPs and blocks activity represented $3 billion in notional value.
Fifty-eight percent of June 2013 month-end open interest was in OCX.NoDivRisk products.
“Our volumes are continuing to increase year over year, demonstrating the industry’s steady adoption of single stock futures,” said David Downey, CEO at OneChicago.
“We anticipate that this trend will continue to grow as investors seek to diversify their strategies and leverage the benefits our products have to offer.”