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NYOB is absolutely correct that SSF are not given Sec. 1256 Tax treatment. Instead everything is short term capital gains. 20% margin vs Reg T allows more leverage but that is a double edged sword so be very, very careful. In addition buying stocks uses up capital which becomes...

On the OneChicago website under the Market Data tab you will find a "Price Volume and Open Interest" link. Here is the direct link: http://www.onechicago.com/?page_id=10 There is also a link to "products.csv" which will be the same info but in a spreadsheet format. These are...

Two reasons. First to make it more attractive to the hedge funds and secondly so we could offer it at a more attractive transaction cost. OneChicago charges 14cents for 100 multiplier contracts and 50cents for the 1000 multiplier. We have had many calls to bring up the smaller...

We have talked with ThinkorSwim several times about offering the product.....as well as Optionsexpress and Ameritrade and TDWaterhouse etc. Remember that SSF offer improved financing for the CUSTOMER and not the brokerage firm. They will act in their own economic self interest which is...

As of Wednesday May 7, 2008 OneChicago will begin listing these additional ETF products. All SSF on the products listed below will have a 1000 multiplier meaning that each SSF represents 1000 of the ETF units. UltraShort Oil & Gas ProShares DUG1C...

First to the PDT question: Out of our control I'm afraid. SEC mandate. Please remember that even if PDT question gets resolved the use of SSF is most applicable to customers who are holding long/short postions on margin. Using the SSF instead of the underlying you will be able to carry...

PDT rules apply to securities accounts. Trading SSF in futures accounts may not have the same restrictions but you should check with your brokerage or FCM. Best

We now list 19 ETF futures. Diamonds have a 100 multiplier while all the rest have a 1000 multiplier. The complete list can be found on our website at the following link: http://www.onechicago.com/?page_id=754 A couple of updates to be noted. Our home page www.onechicago.com...

-how would a sec and cftc merger affect SSFs and how likely you think that will happen? SSFs are already regulated by both the SEC and the CFTC. I cannot predict future events but I assume that there would be no changes to the current regulatory stance. As to the chances? I cannot...

It has been pointed out that I failed to include the link. My apologies. www.onechicago.com Best

OneChicago has recently launched our new website. The front page displays a table of Single Stock Future symbols where the offer on the future is trading below the offer on the underlying. Quotes used in the table are from the previous trading day's prices from just before the close...

You may be able to get the equivalent short delta position in C by utilizing the Single Stock Futures market. Use limit orders. Be careful of dividend streams as they are very important to the pricing of a forward contract. Interactive Brokers provides access via TWS to OneChicago...

We do have listing standards such as must be listed on a national exchange; minimum float; minimum number of shareholders etc. Interesting thing about the commodity ETFs. There was/is a juristictional dispute between SEC and CFTC over the definition of a 'security'. This logjam seems to...

Daal: The performance bond requirement for the SSF can be met with T-bills. LIBOR transactions are not. T-Bills posted as performance bond continue to earn interest on behalf of the SSF trader. Accordingly they represent an income on the trade. Performance bond can be met with other...

SSF are an obligation to purchase the stock in the future if not offset prior to expiry. This means that there is no voting right associated with holding the SSF. Just price exposure. In your example...if there is a shareholder vote coming up that the holders of the long stock would like...

All trading contains risk. The pricing of the SSF is as follows: SSF=StockPrice + Interest-dividend The SSF will behave very much like the Stock so you still have price risk. Interest rates may change prior to expiration so the SSF theoretical value may change. Dividends may be...

I must say. I sit here stunned and that doesn't happen often. In all my years of trading on the floors, running a Market Maker operation, running a brokerage firm and now running a regulated exchange I have met thousands of traders. It is my experience that the successful ones in the...

At the very least it should be looked at as a way to improve your financing of your equity positions by understanding the mechanics of brokerage operations and using all the tools available to you to achieve the highest possible returns and take the lowest possible risks...

EFPs are a way to refinance your position. If you are carrying a long stock position on margin it may be possible to BUY the EFP which is a two legged trade consisting of : -Buying the Single Stock Future -sell the underlying Stock. The resulting position is a flat stock...

EFPs are a way to refinance your position. If you are carrying a long stock position on margin it may be possible to BUY the EFP which is a two legged trade consisting of : -Buying the Single Stock Future