03 October 2017
Chicago
Reporter: Jenna Lomax

OneChicago sees lending volume growth


OneChicago saw its cleared securities lending activity increase by 34 percent in September compared to the same time last year.

The exchange cleared 1.4 million transactions last month.

This year has been a positive year for the US equity finance exchange, as it reported its transaction volume hit 1.47 million in March and continued to rise in July with an increase of 67 percent year-over-year.

OneChicago put the recent growth down to the launch of its no dividend risk (NRD) friday futures product.

The increase meant OneChicago regained its stamp on trading volumes after it saw a low in January, when its monthly volume dropped by 9 percent.

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