OneChicago to roll out 21 more single-stock futures
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The single-stock futures exchange, which went live on November 8, is a joint venture between the Chicago Board of Trade, the Chicago Mercantile Exchange and the Chicago Board Options Exchange. An average of 3,500 contracts per day were traded on OneChicago’s platform in the first six days of business. Single-stock futures are contractual agreements to buy or sell shares of an individual company at a given price on a set future date.
The new contracts include American Express, Boeing, Coca-Cola, PepsiCo, Procter & Gamble, Texas Instruments and Walt Disney.