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Boston Options Exchange Announces New Chairman - Industry Guru Peter J. Layton To Join Leadership Team

Date 15/02/2007

The Boston Options Exchange (BOX) announced today that Peter J. Layton will join as the new Chairman of the Board. Will Easley, longtime BOX executive, has been named Vice Chairman.

Layton brings more than 25-years of financial expertise to BOX. Most recently, Layton served as a managing director at Goldman Sachs and previously served as a partner at Hull Trading Company. Layton received his M.B.A. in Finance and Statistics and a B.A. in Economics, both from the University of Chicago.

Layton replaces Kenneth Leibler who was instrumental in launching the Boston Options Exchange. Leibler is leaving BOX to create more time for his public company board positions.

The Boston Options Exchange Group, LLC (BOX) was established in February 2002 by Boston Stock Exchange, Inc. (BSE), Bourse de Montréal, Inc. and Interactive Brokers Group LLC. BOX’s equity partners are among the most important options firms in the US: Citigroup, Credit Suisse First Boston, Interactive Brokers, JP Morgan, Morgan Stanley, UBS and Citadel Derivatives Group LLC. BOX is an all-electronic equity derivatives market and was created as an alternative to the existing market models. BOX launched trading in February 2004. For more information, see BOX website: www.bostonoptions.com.