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Pacific Exchange Names Options Veteran To Marketing Post - Kevin Sweeney To Open New York Office For West Coast Mart

Date 14/08/2002

The Pacific Exchange (PCX) today named Kevin G. Sweeney a Managing Director, and announced that he will open a sales and marketing office for the PCX in New York. The appointment is effective immediately.

"Kevin is a great addition to our staff," said Philip D. DeFeo, PCX Chairman and CEO. "He has a thorough knowledge of the options markets, extensive experience in the industry, and strong relationships with our customers. He's well liked and respected. We're delighted he's joining our organization."

Sweeney, 41, has more than 20 years experience in the options industry. He was most recently Director of Marketing for Group One Trading, L.P., a market-making firm with operations on U.S. and European exchanges. He was the Managing Director, Derivative Marketing and Research, for the American Stock Exchange from 1996-2000. He joined the Amex from the Pershing Division of Donaldson Lufkin & Jenrette Securities Corp., where he held a series of increasingly responsible positions leading to Vice President, Customer Trading Services.