OneChicago reported that 860,139 security futures contracts traded at the Exchange in July, an all-time monthly record.
July volume is 903% higher than the 85,772 traded in July 2004. The average daily volume of 43,007 contracts is 953% higher than in July 2004. Year-to-date volume is up 150%.
Fifteen open interest records were set in July, eight of them reached on consecutive trading days. Open interest stood at 1,101,065 on July 29.
Marty Doyle, President of OneChicago, said, “July marks the sixth consecutive month of year-over-year monthly volume gains. Our new volume and open interest records confirm the growing momentum surrounding OneChicago and security futures. As we move into the second half of the year we continue to educate the marketplace about security futures and their various uses.”