OneChicago trades one-millionth SSF contract

OneChicago, the joint single-stock futures venture of the Chicago Board Options Exchange, Chicago Mercantile Exchange and the Chicago Board of Trade, traded its one-millionth contract this morning, the exchange said in a statement.

The exchange traded 123,273 contracts in July, its second highest monthly volume after the 218,730 contracts traded in June, a quarterly expiration month. The figures show a steady increase in business following concerns earlier in the year. In January, OneChicago traded 111,500 contracts, but by March this figure had fallen to 79,500 contracts.

In April Peter Borish, director of business development at OneChicago, told Risk that the market was getting off to a slow start. “It’s a new product. It takes time to go out and educate people, to build a business, a product and a brand,” he said.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

What gold's rise means for rates, equities

It has been several years since we have seen volatility in gold. An increase in gold volatility can typically be associated with a change in sentiment and investor behavior. The precious metal has surged this year on increased demand for safe haven…

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here