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Exchange rivalry drives growth in single-stock futures market

Volumes are gaining momentum in the newly launched US single-stock futures market after a full month of trading, although competition between exchange rivals OneChicago and Nasdaq Liffe Markets (NQLX) remains intense.

After years of regulatory hurdles, the two exchanges began trading single-stock futures contracts – an agreement for delivery of shares of a specific equity interest at a designated date in the future – on November 8.

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