OneChicago, the Chicago-based exchange partly owned by CME Group, is listing 200 new single stock futures, many of them on US financial companies, hoping to capitalise on traders’ needs to use derivatives to hedge against risky assets after the clampdown on short-selling.
Twenty-five of the new contracts were announced on Friday September 26; another 75 will be released on Monday September 29 and 100 other contracts later in the week. OneChicago already lists futures on more than 800 stocks.
A spokesperson at the exchange in Chicago told Futures and Options Intelligence that the measures recently introduced by the...