OneChicago Announces Products for Nov. 8 Launch
onechicago.com
CHICAGO, IL – Oct. 30, 2002 – OneChicago, LLC today announced the first single stock futures to be traded at its launch on Friday, Nov. 8, 2002, pending regulatory approval. The Exchange also listed the single stock futures that had not already been revealed to be offered during the first weeks of trading.
OneChicago Chairman and Chief Executive Officer William J. Rainer said, “OneChicago is offering futures on some of the most actively traded stocks from a variety of industries. Our intention is to continually add new products every two weeks until we have a complete menu of 100 security futures offerings.”
The initial product launch, which will trade with December 2002 contracts as the front month, include: Bank of America Corp. (BAC), Best Buy Co. Inc. (BBY), Brocade Communications Systems Inc. (BRCD), Citigroup (C), Dell Computer (DELL), Exxon Mobil Corp. (XOM), General Electric (GE), Goldman Sachs Group Inc. (GS), Hewlett Packard (HPQ), Home Depot Inc. (HD), Johnson & Johnson (JNJ), JP Morgan Chase & Co. (JPM), Merck & Co. Inc. (MRK), Microsoft Corp. (MSFT), Nokia Corp. ADR (NOK), Oracle Corp. (ORCL), Philip Morris (MO), Qualcomm Inc. (QCOM), SBC Communications Inc. (SBC), Schlumberger Ltd. (SLB) and VERITAS Software Corp. (VRTS).
OneChicago also unveiled additional single stock futures not previously announced that will be available for trading in the weeks following the launch. They include: 3M (MMM), Alcoa Inc. (AA), Altera Corp. (ALTR), Boeing Co. (BA), Caterpillar (CAT), Disney Co. (DIS), Dupont (DD), Eastman Kodak (EK), Honeywell Int’l Inc. (HON), International Paper Co. (IP), Maxim Integrated Products Inc. (MXIM), McDonald’s Corp. (MCD), San Disk Corp. (SNDK) and United Technologies Corp. (UTX).
The Exchange is listing futures on narrow-based indices as well, which are already listed on the OneChicago Web site at www.OneChicago.com.
OneChicago is a joint venture of the Chicago Board Options Exchange® (CBOE®), Chicago Mercantile Exchange Inc. (CME) and the Chicago Board of Trade (CBOT®). All of OneChicago’s products will be electronically traded on the CBOEdirect® match engine and can be accessed through both CBOEdirect® and GLOBEX® platforms. Both single stock futures and futures on narrow-based indices can be carried in either securities accounts or futures accounts.
Trading hours are from 9:15 a.m. to 4:02 p.m. Eastern time. |
