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For those of you who trade the OEX. Options on the OEF ..... those are the
options on the OEX exchange traded fund ... will begin trading here on
Thursday. Markets should be 100 up and will be WYSWYG electronically.
Again these are the options on the OEX exchange traded fund ... they settle
into the fund .. not cash like the OEX itself. These options currently
trade exclusively on the CBOE. They will now be multiply listed. The MM
here is TimberHill which does about 10% of the MM business at the CBOE. The
traditional - cash settled -OEX option will continue to be a CBOE exclusive
list.
Alex Jacobson
Vice President Business Development
I S E
212 897 8125
212 425 4926 (FAX)
877 7209918 (SKYPAGE)
ajacobson@xxxxxxxxxxxxxx
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