FOR IMMEDIATE RELEASE
CBOE OPTIONS ON SPDR® GOLD TRUST (GLD) VOLUME HITS RECORD: 128,500 CONTRACTS
CHICAGO, July 14, 2008
- The Chicago Board Options Exchange (CBOE) today hit a record daily trading volume of 128,523 contracts in options on the SPDR Gold Trust (CBOE ticker symbol: GLD), topping the 92,987 contract traded on July 11. The contract was introduced six weeks ago, on June 2.
During the month of June, CBOE recorded just less than 250,000 GLD contracts traded, which accounted for 50 percent of industry volume.
The SPDR Gold Trust (formerly known as streetTRACKS® Gold Trust) is an exchange-traded fund that seeks to reflect the performance of the price of gold bullion, less the Trust's expenses. The SPDR Gold Trust issues SPDR Gold Shares that represent a fractional, undivided interest in gold bullion held by the SPDR Gold Trust.SPDR Gold Shares first began trading on the New York Stock Exchange in November 2004.
CBOE's GLD options trade on the March expiration cycle, with initial expirations in June, July, September and December. Position limits are 250,000 option contracts. The Designated Primary Market Maker (DPM) in GLD options is CTC, LLC.
For more information on GLD options, visit www.cboe.com/GLD.
CBOE, the largest options marketplace in the U.S. 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: www.cboe.com.
CBOE® and Chicago Board Options Exchange® are registered trademarks of Chicago Board Options Exchange, Incorporated.
This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
In connection with the proposed restructuring transaction, CBOE Holdings, Inc. ("CBOE Holdings") has filed certain relevant materials with the United States Securities and Exchange Commission (SEC), including a registration statement on Form S-4. Members are encouraged to read the registration statement, including the proxy statement/prospectus that are a part of the registration statement, because it contains important information about the proposed transaction. Members are able to obtain a free copy of the proxy statement/prospectus, as well as the other filings containing information about CBOE Holdings and the Chicago Board Options Exchange, Incorporated ("CBOE"), without charge, at the SEC's Web site, http://www.sec.gov/, and the companies' website, http://www.cboe.com/.In addition, CBOE members may obtain free copies of the proxy statement/prospectus and other documents filed by CBOE Holdings or the CBOE from CBOE Holdings by directing a request to the Office of the Secretary, CBOE Holdings, Inc., 400 South LaSalle Street, Chicago, Illinois 60605.
CBOE Holdings, the CBOE and their respective directors, executive officers and other employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of CBOE Holdings and of the CBOE is available in the prospectus/proxy statement.