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CBOE Debuts Expanded And Improved Options Website - Interactive Webcasts, Option Strategies, And Volatility Tools Added

Date 04/10/2004

The Chicago Board Options Exchange (CBOE), the world's largest options exchange, today announced that its award-winning website, www.cboe.com, has been redesigned and expanded, and is now online.The new CBOE.com features interactive webcasts hosted by options industry experts, a wide array of volatility tools, and an extensive option strategies section.The enhanced site also offers faster and improved navigation, helping users identify the information they need quickly and efficiently.

"CBOE continues its commitment to providing investors of all levels with the most comprehensive options resources available," said CBOE Chairman and CEO William J. Brodsky."CBOE.com is the definitive source of options trading information and we are proud to make this new, more powerful version available to all investors."

New Volatility Analysis and Trading Strategy Tools

Offering many interactive features and expanded content, the new CBOE.com builds on the success of the original site, which has been recognized as a "Best of the Web" honoree, three years running, by Forbes.com. The highly valued "Trading Tools" section has been expanded to include the"Volatility Optimizer," which provides implied volatility levels, a configurable volatility calculator and other volatility management tools.An interactive "Strategies" section has been added to provide comprehensive option trading strategy education, complete with online discussions and worksheets.

Another brand-new section caters to Financial Advisors, offering in-depth courses, webcasts and electronic newsletters with timely option strategy suggestions.

CBOE.com offers traders and investors important tools in one convenient site.All of the basic content on CBOE.com, including delayed quotes, options tutorials, and interactive strategy worksheets, is available free of charge (real time quotes are available for a fee).For a tour of the redesigned site, go to www.cboe.comand click on the 'welcome' photo in the center of the page.

Since its founding in 1973 as the creator of standardized, listed options, CBOE has led the industry in product development, market changing innovations and educational efforts.Courses offered by the CBOE Options Institute and CBOE.com have been at the forefront of those educational efforts. CBOE, the world's largest options marketplace and the creator of listed options, is regulated by the Securities and Exchange Commission (SEC).For additional information about the CBOE and its products, visit the CBOE website at: http://www.cboe.com/.