Íø±¬³Ô¹Ï

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
≔ Menu
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Derivatives news
  3. OneChicago expands futures products
Derivatives news

OneChicago expands futures products


05 July 2017 Chicago
Reporter: Drew Nicol

Generic business image for news article
Image: Shutterstock
Íø±¬³Ô¹Ï finance exchange OneChicago will introduce a new No Dividend Risk (NDR) Friday futures product on 24 July 2017.

NDR Friday futures are serially listed NoDivRisk futures that, in conjunction with the existing monthly futures, provide for futures expiring on the next five Fridays.

NDR Friday Futures will settle to stock on a T+3 basis, then shift down to T+2 in September.

According to OneChicago, each Friday future has its own suffix in its symbol (I, J, K, L, respectively).

The exchange saw a 32 percent increase in trading volumes in June over the same time last year.

Transaction volume was more than 1.7 million for the month.

The latest volume rise means OneChicago is up 26 percent for the first half of the year.
← Previous derivatives article

LCH launches new SwapClear client account
Next derivatives article →

French elections revive European markets
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Dividend

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →