OneChicago to Offer DIAMONDS ETF Futures

November 18, 2002 (PLANSPONSOR.com) - OneChicago, LLC plans to offer futures contracts on the DIAMONDS exchange-traded fund (DIA) beginning Friday, November 22, the company announced.

DIAMONDS are shares in an exchange-traded fund (ETF) designed to track the performance of the Dow Jones Industrial Average. Each OneChicago contract will represent 100 shares of the underlying DIAMONDS ETF, the company said.

Like all of OneChicago’s products, DIAMONDS futures will be physically settled at expiration, electronically traded on the CBOEdirect match engine and accessible through the CBOEdirect and GLOBEX platforms, the company said. All security futures can be traded out of either a securities or a futures account.

Also on Friday, OneChicago will offer futures on 22 more single stocks in addition to the 21 futures on single stocks that have been trading at OneChicago since November 8.

The company said the new contracts include: Amgen Inc., AOL Time Warner Inc., Applied Materials Inc, Cephalon Inc., ChevronTexaco Corp., Cisco Systems Inc., Dupont, eBay Inc, Ford Motor Co., General Motors Corp., Halliburton Co., Honeywell International Inc., IBM , Intel Corp., Maxim Integrated Products Inc., McDonald’s Corp., Micron Technology Inc., QLogic Corp., SanDisk Corp., Starbucks Corp., Tyco International Ltd., and Wal-Mart Stores Inc..

OneChicago is a joint venture of the Chicago Board Options Exchange (CBOE), Chicago Mercantile Exchange Inc. (CME) and the Chicago Board of Trade (CBOT).

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