Opalesque Industry Update: OneChicago, LLC (OCX), an equity finance exchange, today announced that a total of 237,197 security futures contracts were traded in the month of February 2012.|
February 2012 Highlights:
204,835 Exchange Futures for Physicals (EFPs) and blocks were traded. February 2012 EFPs and blocks activity represented more than $1.3 billion in notional value.
37% of February 2012 month-end open interest was in OCX.NoDivRisk™ products. The OCX.NoDivRisk product suite is an innovative equity finance tool which removes dividend risk from the security futures.
56,170 February 2012 futures valued at more than $490 million were taken to delivery, emphasizing the use of single stock futures as an equity finance product.
Open interest stood at 392,732 contracts on the equity finance exchange at the end of February 2012.