Content area
Full Text
The CBOE launched Mini-SPX options, based on the Standard & Poor's 500 Stock Index, on 25th October, 2005. Mini-SPX options (ticker symbol XSP) will be 1/10th the value of the S&P 500 Index, and will trade on CBOE's Hybrid 2.0 Trading System, which includes Remote Market Makers. Trading XSP options on CBOE's Hybrid Trading System will offer investors a smaller-sized S&P 500 contract with the combined advantages of electronic trading and the open-outcry market on a single platform.
Mini-SPX options are a smaller sized version of SPX options...