OneChicago's contract volume increased in May 06 June 2016 Chicago Reporter: Drew Nicol
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OneChicago’s contract volume increased 4 percent in May compared to the same month in 2015, although open interest decreased 11 percent over the same period.
The equity finance exchange completed 763,464 contracts by the end the month, with 65 percent of month-end open interest in its flagship finance tool OCX.NoDivRisk, which removes dividend risk for customers carrying synthetic equity delta exposure, according to OneChicago.
OneChicago’s monthly volume soared 41 percent in April, compared to the same time last year.
OneChicago offers single stock futures, a delta one product, on approximately 1,800 equities, including american depository receipts and exchange-traded funds.
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