Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

CBOE Board of Directors Votes To Eliminate Marketing Fee

Date 25/07/2001

The Chicago Board Options Exchange (CBOE) today announced that its Board of Directors approved, effective August 1, suspension of the Exchange's marketing fee program, retaining the ability to reinstate it at any time.

"We've been evaluating this situation since the June Board meeting, and will continue to monitor it on an ongoing basis," said CBOE Chairman and CEO William J. Brodsky.

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 site on the World Wide Web at http://www.cboe.com.