FOR IMMEDIATE RELEASE
Garry Kasparov, World's Strongest Chess Player, Challenges 20 Players to Simultaneous Match at CBOE, Thursday, July 17
CHICAGO, July 15, 2003 - The Chicago Board Options Exchange (CBOE) and Belzberg Technologies Inc. today announced that on Thursday, July 17, 2003, Garry Kasparov, the #1 ranked chess player in the world since 1984, will challenge 20 participants to a chess match to be played simultaneously. The tournament, sponsored by CBOE and Belzberg Technologies, Inc., will be held at the CBOE, after trading hours.
Garry Kasparov, 40, born in Azerbaijan, began playing chess at age five, became the Soviet Junior Champion at age 12, and the youngest world champion in 1985 at age 21. He has been ranked the #1 chess player in the world for 19 consecutive years, since 1984. In 1990, he moved past Bobby Fischer's best ever point rating of 2785 and was then the first player to break the 2800-point barrier. In 1999, after winning the three major events of that year, he created a new milestone by topping the 2850 ELO ratings mark, again, the only player to ever do so.
Also at the event, CBOE and Belzberg Technologies will showcase new trading technology, including demonstrations of the CBOE Hybrid Trading System (HyTS) Terminal. Introduced in March, the CBOE HyTS Terminal provides CBOE customers with point-and-click, electronic access to CBOE, as well as order routing to other options, futures, and stock exchanges, and complete access to market data, real-time quotes and order management, all on a single screen. The HyTS Terminals serve as the main portal to the recently launched CBOE Hybrid Trading System, CBOEdirect HyTS.
For more information about CBOEdirect HyTS, the Hybrid Trading System, or the HyTS Terminals, visit the CBOE website at www.cboe.com. CBOE, regulated by the Securities and Exchange Commission (SEC), is the creator of listed options, and the world's largest options marketplace.
Belzberg Technologies provides the software and networks that enable global, direct access routing and execution of trades for financial institutions in the United States, Canada and Europe. Additional information about the company is available at www.belzberg.com.
Options involve risk and are not suitable for all
investors. Prior to buying or selling an option, a person must receive a copy
of Characteristics and Risks of Standardized
Options (ODD). Copies of the ODD are available from your broker, by
calling 1-888-OPTIONS, or from The Options Clearing Corporation, One North
Wacker Drive, Suite 500, Chicago, Illinois 60606. The information on this
website is provided solely for general education and information purposes and
therefore should not be considered complete, precise, or current. Many of the
matters discussed are subject to detailed rules, regulations, and statutory
provisions which should be referred to for additional detail and are subject to
changes that may not be reflected in the website information. No statement
within the website should be construed as a recommendation to buy or sell a
security or to provide investment advice. The inclusion of non-CBOE
advertisements on the website should not be construed as an endorsement or an
indication of the value of any product, service, or website. The
Terms and Conditions govern use of this website and use of this website
will be deemed acceptance of those Terms and Conditions.