It seems every OneChicago press release that FO Week receives at the moment mentions triple-digit percentage volume increases on the equivalent period last year. Why the volume spike, why now, and how much more can volume rise?
As far as how much further we can go, we're not even scratching the top layer of the surface of the surface; we're really at the beginning of the potential volumes that we can see.
We trade a lot of stock in this country, people trade a lot of stock on exchange, as well as OTC, and we are basically eligible for all of that volume in one form or another.
The reason for the growth is the significant drive from institutional use. Traders at large institutions have figured out ways to use the product to their advantage and they are doing so in ever-growing numbers. The business is interesting too because though...