CBOE to Transition SPXpm from C2 to Hybrid Trading

CBOE Holdings

announced plans today to transition its SPXpm product from the company's all-electronic C2 Options Exchange (C2) to Chicago Board Options Exchange (CBOE), where it will be traded on CBOE's hybrid trading model which incorporates both electronic and open outcry trading.  The transition will consolidate the company's entire S&P 500 options product line on one exchange, CBOE.  The company's pm-settled SPX options (including SPXpm, SPX Weeklys and SPX Quarterlys) will trade in CBOE's hybrid environment under ticker "SPXPM."  Its flagship SPX option, which is a.m.-settled, will continue to trade in CBOE's open outcry environment under ticker "SPX."  The migration of SPXpm from C2 to CBOE is expected to result in increased access and liquidity by exposing the product to an even broader user base.