Investors looking to hedge their bets or speculate on the direction of Alibaba Group's IPO-BABA.N stock after its expected public sale of shares on Friday, will be able to trade its options in two weeks, as U.S. options exchanges are expected to list contracts on the company.The Chinese e-commerce company's options will be listed on CBOE Holdings Inc and International Securities Exchange Holdings' options exchanges on Sept. 29, pending the company's public sale of shares this week, the exchanges said on Tuesday.International Securities Exchange Holdings operates two options exchanges, ISE and ISE Gemini, which through August handled about 14 percent of equity and index options contracts in 2014, according to OCC, formerly the Options Clearing Corporation.CBOE said on Tuesday that it will be listing Alibaba options on the Chicago Board Options Exchange and the C2 Options Exchange once new options listing criteria are met.
CBOE Holdings, Inc. (CBOE Holdings) is the holding company. Shares of CBOE traded higher by 0.04% or $0.02/share to $54.75. In the past year, the shares have traded as low as $44.58 and as high as $59.28. On average, 695505 shares of CBOE exchange hands on a given day and today's volume is recorded at 701591.
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