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CBOE Increases Up To 250 Contracts Order Size Eligible For Automatic Execution In RCQ, RDZ Options Effective Immediately

Date 08/04/2002

The Chicago Board Options Exchange (CBOE), the world's largest options exchange, today announced that, effective immediately, select option orders for Broadcom, Inc. (ticker symbols RCQ and RDZ) of up to 250 contracts and LEAPS (Long-Term Equity AnticiPation Secutities) option orders (ticker symbols ORD, OGJ, VJG, OYG, and LGJ) of up to 100 contracts are now eligible for automatic execution on CBOE's Retail Automatic Execution System (RAES).

Previously, RCQ and RDZ orders of up to 50 contracts were eligible for automatic execution on RAES at CBOE. In addition, CBOE has implemented its new "dynamic quotes with size" system in RCQ and RDZ options, which disseminates continuously updated indications of the number of contracts available to be traded at the displayed bid and offer.

Knight Financial Products is the Designated Primary Market Maker (DPM) for Broadcom, Inc. options at CBOE.

CBOE, the world's largest options marketplace and creator of listed options, is regulated by the Securities and Exchange Commission (SEC). For additional information about the CBOE and its products, access the CBOE site on the World Wide Web at http://www.cboe.com