OneChicago to expand product range

US single-stock futures (SSFs) trading company OneChicago plans to expand its product suite on Friday (November 22)with 22 more stock listings. It will also introduce futures on ‘Diamonds’ – shares in an exchange-traded fund (ETF) that is designed to track the performance of the Dow Jones Industrial Average.

The new single-stock futures contracts are in addition to the 21 listings posted at the launch of the market on November 8. A spokeswoman for the company – a joint venture between the Chicago Board of Trade, the Chicago Mercantile Exchange and the Chicago Board Options Exchange – said an average of 3,500 contracts per day were traded on OneChicago’s platform in the first six days of business.

Each OneChicago Diamonds contract will represent 100 shares of the underlying ETF. They will be accessed through the electronic platforms CBOEdirect and Globex.

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You need to sign in to use this feature. If you don’t have a Risk.net 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