American Stock Exchange News Release
www.amex.com |
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| Exchange Release |
Media Contact: Mary Chung |
INTERACTIVE BROKERS GROUP RETURNS TO THE AMERICAN STOCK EXCHANGE AS NEW OPTIONS SPECIALIST | ||
New York, August 27, 2007 — The American Stock Exchange® (Amex®) announced today that Interactive Brokers Group, Inc. has returned to the Exchange as a new options specialist unit following the company’s acquisition of Kellogg Capital Group, LLC’s options operations. “We are pleased to welcome back Interactive Brokers Group to the Amex to take advantage of new opportunities that we can offer,” said Neal Wolkoff, Chairman and Chief Executive Officer. “I want to thank Kellogg Capital Group for their contribution in committing capital and providing liquidity during their time as an Amex options specialist.” “Interactive Brokers Group looks forward to growing its options business and strengthening its relationship with the Amex. The acquisition of these specialist books gives us the opportunity to realize our technological advantage in the market making space across 150 additional listed option classes on the Amex,” said Thomas Peterffy, CEO of Interactive Brokers Group. Interactive Brokers will make markets for 150 options products as a new specialist, in addition to the products that they quote remotely as a Supplemental Registered Options Trader (SROT). | ||
About American Stock Exchange
The American Stock Exchange® (Amex®) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 337 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.