The MNX is a 1/10th size version of the Nasdaq-100 Index (NDX), which is a modified capitalization-weighted index composed of 100 of the largest non-financial securities listed on the Nasdaq stock market. The MNX index was developed to provide investors of all sizes a smaller, more affordable version of the very popular Nasdaq-100 Index. Wolverine Trading, L.P. is the Designated Primary Market Maker (DPM) for MNX options.
"Wolverine has led the MNX to become one of the most actively traded CBOE products. We began trading the MNX on day one and have built this business from zero to its current levels," said Jim Harkness, Wolverine's Chief Operating Officer. "Our success is due to our ability to provide the same quality pricing and deep markets in the MNX that we do in all products we trade."
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, access the CBOE website at http://www.cboe.com.
