"We are listening carefully to our customers regarding the selection of stocks to list for trading on day one," said William J. Rainer, Chairman and Chief Executive Officer of OneChicago. "What we've learned is that the market is looking for well-known companies from key industry sectors such as telecommunications, finance, media, and technology."
OneChicago will operate exclusively as an electronic exchange, and will implement a system of Lead Market Makers (LMMs) responsible for providing continuous, two-sided markets for all products traded. The following 30 companies will be among those available for trading at launch:
American International Group (AIG)
American Express (AXP)
AOL Time Warner, Inc. (AOL)
Applied Materials (AMAT)
AT&T Corporation (T)
Bank One (ONE)
Cisco Systems, Inc. (CSCO)
Citigroup, Inc. (C)
Dell Computer Corporation (DEL)
eBay, Inc. (EBAY)
EMC Corporation (EMC)
General Electric Company (GE)
Goldman Sachs Group, Inc. (GS)
Intel Corporation (INTC)
International Business Machines Corporation (IBM)
Johnson & Johnson (JNJ)
J.P. Morgan Chase & Co. (JPM)
Merrill Lynch & Co., Inc. (MER)
Microsoft Corporation (MSFT)
Morgan Stanley Dean Witter & Co. (MWD)
Motorola, Inc. (MOT)
Nokia Corporation ADR (NOK)
Oracle Corporation (ORCL)
Pfizer (PFE)
Philip Morris (MO)
QUALCOMM, Inc. (QCOM)
Sun Microsytems (SUNW)
Siebel Systems, Inc. (SEBL)
Texas Instruments Incorporated (TXN)
VERITAS Software Corporation (VRTS).
