Open Interest at OneChicago up 66 percent
02 May 2013 Chicago
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Equity finance exchange OneChicago celebrated an April 2013 volume of 567,897鈥攁n increase of 148 percent year-on-year.
Open interest stood at 646,573 contracts on the equity finance exchange at the end of April 2013, and 536,328 Exchange Futures for Physicals (EFPs) and blocks were traded. April 2013 EFPs and blocks activity represented $2.1 billion in notional value.
Sixty-two percent of April 2013 month-end open interest was in OCX.NoDivRisk products, which remove dividend risk for customers carrying equity delta exposure.
Lastly, 147,093 of April 2013 futures valued at more than $587 million were taken to delivery, emphasising the use of single stock futures as an equity finance tool.
Open interest stood at 646,573 contracts on the equity finance exchange at the end of April 2013, and 536,328 Exchange Futures for Physicals (EFPs) and blocks were traded. April 2013 EFPs and blocks activity represented $2.1 billion in notional value.
Sixty-two percent of April 2013 month-end open interest was in OCX.NoDivRisk products, which remove dividend risk for customers carrying equity delta exposure.
Lastly, 147,093 of April 2013 futures valued at more than $587 million were taken to delivery, emphasising the use of single stock futures as an equity finance tool.
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