Russell announces exclusive agreements with NYSE Euronext, CBOE Holdings

theflyonthewall.com

Russell Investments announced that NYSE Euronext (NYX) and CBOE Holdings (CBOE) will trade Russell U.S. Index-based options exclusively. Russell Indexes, which are used as benchmarks by nearly 70% of U.S. institutional equity investors, believes that this semi-exclusive, dual-listing strategy will allow it to fully harness the complementary strengths of these two leading exchange operators in U.S. options. The semi-exclusive trading in Russell Index-based options will begin in late April.

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