CBOE Plans New Exchange Index

The CBOE follows the lead of The Moon and the Sixpence and announces plans for an index of one of the fastest growing new industries in the country: trading exchanges.

The index "will provide an essential composite look at this new market, and will provide the benchmark that investors and analysts will use as the indicator for this emerging business sector," said CBOE Chairman and CEO William Brodsky in a statement. He expects options and futures to be listed on the index soon.

The Index symbol wil be "EXQ".