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OneChicago
USINFO | 2013-11-15 16:04
OneChicago is an all-electronic exchange owned jointly by IB Exchange Group (IB), Chicago Board Options Exchange (CBOE), and CME Group. It is a privately held company that is regulated by both the Securities and Exchange Commission and the Commodity Futures Trading Commission. The OneChicago corporate headquarters is located in the Chicago Board of Trade Building in Chicago's financial district. OneChicago offers approximately 2,272 single-stock futures (SSF) products with names such as IBM, Apple and Google. All trading is cleared through Options Clearing Corporation (OCC). OneChicago currently operates the only U.S. based securities futures marketplace.
The exchange offers 2,272 (as of April 8, 2011) security futures, including 9 narrow-based indexes, 298 futures on exchange-traded funds and 826 OCX.NoDiv. A OneChicago single stock futures contract is an agreement to deliver 100 shares of a specific stock at a designated date in the future, called the expiration date. In most cases, four expiration dates are available for trading OneChicago single stock futures. The traditional futures symbol will consist of the underlying ticker symbol plus “1C”. For instance, the traditional DIA futures will trade as DIA1C.
The OCX.NoDivRisk products trade side by side with the OneChicago’s traditional futures product. OCX.NoDivRisk products treat ordinary dividends as corporate events by adjusting the previous days’ settlement price by the dividend amount the morning of the Ex_Date. The OCX.NoDivRisk symbol will generally consist of the underlying ticker symbol plus “1D”. For instance, DIA OCX.NoDivRisk futures will trade as DIA1D.
The exchange offers 2,272 (as of April 8, 2011) security futures, including 9 narrow-based indexes, 298 futures on exchange-traded funds and 826 OCX.NoDiv. A OneChicago single stock futures contract is an agreement to deliver 100 shares of a specific stock at a designated date in the future, called the expiration date. In most cases, four expiration dates are available for trading OneChicago single stock futures. The traditional futures symbol will consist of the underlying ticker symbol plus “1C”. For instance, the traditional DIA futures will trade as DIA1C.
The OCX.NoDivRisk products trade side by side with the OneChicago’s traditional futures product. OCX.NoDivRisk products treat ordinary dividends as corporate events by adjusting the previous days’ settlement price by the dividend amount the morning of the Ex_Date. The OCX.NoDivRisk symbol will generally consist of the underlying ticker symbol plus “1D”. For instance, DIA OCX.NoDivRisk futures will trade as DIA1D.
