OneChicago's monthly volume jumps 58 percent 03 February 2016Chicago Reporter: Mark Dugdale
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Securities finance exchange OneChicago saw its volume increase in January to 862,488, a 58 percent rise year-over-year.
Open interest increased 21 percent year-over-year to 643,975 contracts on the securities finance exchange at close-of-market on 29 January.
Almost 60 percent of month-end open interest in January was in OneChicago鈥檚 OCX.NoDivRisk equity finance products.
OneChicago is also finalising its plans to offer basis-point-at-cash-close trading, which allows trades to be executed at the desired basis point difference to the underlying cash close price, giving participants pricing and hedging opportunities.
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