OneChicago Announces August 2013 Equity Futures Volume up 45% Year-Over-Year

CHICAGO, Sept. 3, 2013 /PRNewswire/ -- OneChicago, LLC (OCX), an equity finance exchange, today announced August 2013 volume of 627,840.

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"Our efforts to introduce the managed futures markets to the deep liquidity pools in the equity markets continue to pay off," said David Downey, CEO at OneChicago. "Customers looking to carry equity exposure synthetically via the Security Futures are benefitting from the competitive interest rates provided by the equity financing desks."

August 2013 highlights include:

• Open interest stood at 623,762 contracts on the equity finance exchange at close-of-market, August 30, 2013, up 19% year-over-year.
• 598,646 Exchange Futures for Physicals (EFPs) and blocks were traded. August 2013 EFPs and blocks activity represented $2.9 billion in notional value.
• 60% of August 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.

ABOUT ONECHICAGO

OneChicago (OCX) is the only US equity finance exchange for trading security futures and the related EFP. Regulated by the SEC and CFTC, OCX lists approximately 2,800 products, including ADRs, ETFs and OCX.NoDivRisk™ contracts. Contracts are cleared through the centralized counterparty, "AA+"-rated OCC. Security futures, a Delta One product, are utilized for synthetic equity strategies including equity swaps, equity repos and stock loan/borrow transactions. The OneChicago OCX.NoDivRisk, Exchange Futures for Physical transaction is economically equivalent to a Securities Lending Transaction.

OCX.NoDivRisk contracts are security futures with dividends removed from the pricing as the future's price is adjusted down by the value of the dividend on Ex-date. For more information, please visit our Website at: http://www.OneChicago.com or contact us at 312-424-8520.

SOURCE OneChicago, LLC