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April 19, 2004 at 08:00 PM
CHICAGO (HedgeWorld.com)–In a further effort to preach single-stock futures to options traders, OneChicago LLC hired former Chicago Board Options Exchange floor trader Mark Esposito as a project coordinator.
The project will be talking to options traders about why single stock futures are good tools for hedging.
“Mark brings invaluable insights and first-hand knowledge of how options traders can best utilize futures on single stocks to get cheaper, faster and more efficient hedges to their options positions,” said William J. Rainer, chairman and chief executive of OneChicago.
Mr. Esposito spent 23 years on the floor of the CBOE, according to a news release from OneChicago. He has been active in implementing the CBOE’s new hybrid trading system.
