Single Stock Futures

Single Stock Futures ("SSFs") are an alternative way to invest and trade equity products. SSFs are futures contracts on individual stocks, narrow based indexes or Exchange Traded Funds ("ETFs"). A contract held through expiration converts into either ownership of the stock for a long position or delivery of the stock for a short position.

OneChicago lists futures on approximately 2,800 names of well known stocks, including all of the stocks in the Dow Jones Industrial Average, S&P 500, and many of the most actively traded stocks in the Russell 2000 Index. OneChicago also has Single Stock Futures on over 400 ETFs.

Trading Single Stock Futures involves substaintial risk of loss and is not suitable for all investors.

View OneChicago's current product listings.

SSFs are used with a broad range of trading strategies and can be applied to a variety of portfolio management needs. Since the price of an equity future typically tracks the price of the underlying instrument nearly tick for tick, trading strategies used in the stock market today could be transferable to the SSFs.

• An OneChicago SSF is a contract to buy or sell 100 shares of an underlying stock or Exchange Traded Fund at the expiration date.
• SSFs have the cost of carry interest rate built into their price.
• SSFs are physically deliverable contracts at expiration.
• SSFs trading at OneChicago are fully electronic and all trades are cleared through the Options Clearing Corporation.

OneChicago has created a SSFs product called OCX.NoDivRisk. The new product suite addresses customers’ concern regarding the informational disadvantage vis-à-vis dividend payments and their impact on the single stock futures prices by adjusting downward the previous day’s settlement price of the OCX.NoDivRisk contract on the morning of the expiration date. View the OCX.NoDivRisk Overview.

Security Futures Risk Disclosure Statement. Amendment to Securities Futures Risk Disclosure Statement. An investor must read and understand this disclosure statement before investing.

OneChicago has built a powerful comparison calculator that enables users to perform a side-by-side evaluation of costs for buying and selling stocks at varying margin terms vs. returns of equivalent SSF positions.