Chicago Board Options Exchange: CBOE to Launch Mini-SPX Index Options on October 25, 2005
9th Sep 2005, 22:52 GMT
CHICAGO, IL and BUERGENSTOCK, SWITZERLAND (MARKET WIRE) The Chicago Board Options Exchange (CBOE) today announced that it will offer a new options contract, Mini-SPX options, based on the Standard & Poor's 500 Stock Index, beginning Tuesday, October 25, 2005. Mini-SPX options (ticker symbol XSP) will be 1/10th the value of the S&P 500 Index, and will trade on CBOE's Hybrid 2.0 Trading System, which includes Remote Market Makers. Trading XSP options on CBOE's Hybrid Trading System will offer investors a
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