OneChicago sees growth in trading volume for new year
02 February 2018 Chicago
Image: Shutterstock
OneChicago cleared 889,659 transactions for January 2018, an increase of 14 percent year-over-year.
The upturn marks a change of fortune for the exchange, which saw a significant decrease in cleared securities lending activity in both November and December.
For December 2017, OneChicago saw a slight slump in transactions, with under 25 percent drop off trading volumes.
In November, the securities finance exchange saw 866,510 trades for the month — a volume dropped of 6 percent year-on-year.
Though in March transaction volume hit 1.47 million and continued to rise in September with an increase of 34 percent year-over-year.
The upturn marks a change of fortune for the exchange, which saw a significant decrease in cleared securities lending activity in both November and December.
For December 2017, OneChicago saw a slight slump in transactions, with under 25 percent drop off trading volumes.
In November, the securities finance exchange saw 866,510 trades for the month — a volume dropped of 6 percent year-on-year.
Though in March transaction volume hit 1.47 million and continued to rise in September with an increase of 34 percent year-over-year.
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