OneChicago Announces Futures on Narrow-Based Indices, Additional Listings for Single Stock Futures Trading
CHICAGO and BOCA RATON, Florida — OneChicago LLC today announced plans to list futures on eight narrow-based indices and an additional 41 stocks at launch, expected in the second quarter of 2002. The individual stocks supplement the list of 30 single stock futures OneChicago previously announced.
The indices published today include airlines, biotech, computers, defense, investment banking, oil services, retail and semiconductor components. The new single stock futures to be listed include equities based on those sectors, plus automotive, consumer products, electronics, energy and natural resources, financial services, pharmaceuticals and telecommunications. At least 15 sector-based indices will be available for trading at OneChicago from the outset.
"With our narrow-based indices and the 71 stocks we have identified to list at start-up, OneChicago will enable trading across a wide spectrum of market sectors," said William J. Rainer, OneChicago’s Chairman and Chief Executive Officer. "The result of our ongoing dialogue with customers, this list represents a comprehensive suite of security futures products that will meet our customers’ needs."
Each of the indices and equities will be assigned to Lead Market Makers (LMMs), who will make continuous two-sided markets in the products. OneChicago’s products will trade electronically on the CBOEdirect system and will also be accessible through GLOBEX®, CME’s electronic trading platform. The products will be physically settled at expiration.
OneChicago LLC is the joint venture created to trade single stock futures and narrow-based indices by Chicago Mercantile Exchange Inc. (CME), Chicago Board Options Exchange® (CBOE®) and Chicago Board of Trade (CBOT®).
The narrow-based indices and their component stocks will be:
Airlines
AMR Corp/Del (AMR)
Continental Airlines Inc. CL B (CAL)
Delta Air Lines (DAL)
Southwest Airlines (LUV)
UAL Corp (UAL) Investment Banking
Goldman Sachs Group, Inc. (GS)
Lehman Brothers Holdings (LEH)
Merrill Lynch & Co., Inc. (MER)
Morgan Stanley Dean Witter & Co. (MWD)
Biotech
Amgen Inc. (AMGN)
Biogen Inc. (BGEN)
Chiron Corp (CHIR)
Genzyme Corp - Genl Division (GENZ)
Human Genome Sciences (HGSI)
Oil Services
Baker Hughes Inc. (BHI)
BJ Services (BJS)
Halliburton Co (HAL)
Schlumberger Ltd (SLB)
Weatherford International (WFT)
Computers
Apple Computer Inc. (AAPL)
Dell Computer Corporation (DELL)
International Business Machines Corporation (IBM)
Research in Motion (RIMM)
Sun Microsystems (SUNW)
Retail
Autozone Inc. (AZO)
Best Buy Company Inc. (BBY)
Circuit City Stores (CC)
Home Depot Inc. (HD)
Wal-Mart Stores Inc (WMT)
Defense
General Dynamics (GD)
Lockheed Martin (LMT)
Northrop Grumman Corp (NOC)
Raytheon Co (RTN)
Semiconductor Components
Broadcom Corp-CL A (BRCM)
Intel Corporation (INTC)
Micron Technology Inc (MU)
Texas Instruments (TXN)
Xilinx Inc (XLNX)
OneChicago also will list futures on the following 41 stocks:
Amgen Inc (AMGN)
AMR Corp/Del (AMR)
Bank Of America Corp (BAC)
Best Buy Company Inc (BBY)
Biogen Inc (BGEN)
Bristol-Myers Squibb Co (BMY)
Broadcom Corp-Cl A (BRCM)
Brocade Communications Sys (BRCD)
Cephalon Inc (CEPH)
Check Point Software Tech (CHKP)
ChevronTexaco Corp (CVX)
Coca-Cola Company (KO)
Emulex Corp (EMLX)
Exxon Mobil Corporation (XOM)
Ford Motor Company (F)
General Motors Corp (GM)
Genzyme Corp - Genl Division (GENZ)
Starbucks Corp (SBUX)
Symantec Corp (SYMC)
Tyco International Ltd (TYC)
UAL Corp (UAL)
Halliburton Co (HAL)
Home Depot Inc (HD)
Idec Pharmaceuticals Corp (IDPH)
InVision Technologies Inc (INVN)
KLA-Tencor Corporation (KLAC)
Krispy Kreme Doughnuts Inc (KKD)
Merck & Co., Inc. (MRK)
Micron Technology Inc (MU)
Newmont Mining Corp Hldg Co (NEM)
Northrop Grumman Corp (NOC)
Novellus Systems Inc (NVLS)
PepsiCo Inc (PEP)
Procter & Gamble Co (PG)
QLogic Corp (QLGC)
SBC Communications Inc (SBC)
Schlumberger Ltd (SLB)
Sprint Corp-PCS Group (PCS)
Verizon Communications Inc (VZ)
Wal-Mart Stores Inc (WMT)
Xilinx Inc (XLNX)
Previously, OneChicago announced plans to trade futures on the following stocks:
American International Group (AIG)
American Express (AXP)
AOL Time Warner, Inc. (AOL)
Applied Materials (AMAT)
AT&T Corporation (T)
EMC Corporation (EMC)
Bank One (ONE)
Cisco Systems, Inc. (CSCO)
Citigroup, Inc. (C)
Dell Computer Corporation (DELL)
eBay, Inc. (EBAY)
General Electric Company (GE)
Goldman Sachs Group, Inc. (GS)
Intel Corporation (INTC)
International Business Machines Corporation (IBM)
Johnson & Johnson (JNJ)
J.P. Morgan Chase & Co. (JPM)
Merrill Lynch & Co., Inc. (MER)
Microsoft Corporation (MSFT)
Morgan Stanley Dean Witter & Co. (MWD)
Motorola, Inc. (MOT)
Nokia Corporation ADR (NOK)
Oracle Corporation (ORCL)
Pfizer (PFE)
Philip Morris (MO)
QUALCOMM, Inc. (QCOM)
Sun Microsytems (SUNW)
Siebel Systems, Inc. (SEBL)
Texas Instruments Incorporated (TXN)
VERITAS Software Corporation (VRTS) |
