GMEX Expands Hybrid Trading System

Geneva, Switzerland (I-Newswire) October 29, 2010 - GENEVA, - The Geneva Mercantile Exchange (GMEX) (http://swissgmex.com/), today announced that it plans to expand its Hybrid Trading System to the Mini Nasdaq-100 Index options (MNX). Beginning Tuesday, November 16, 2010, Lion Trading will begin offering both electronic and open outcry trading in MNX options on the GMEX Hybrid system. The Lion Trading is the Designated Primary Market Maker (DPM) in MNX options.

"The Lion Trading is pleased to be a participant in GMEX's Hybrid Trading System, and looks forward to providing quality executions with in the Nasdaq Index options complex. The increased access and efficiency of the Hybrid will provide many customer benefits," commented Lion Trading CEO Daniel Wilbor.
"We are excited to continue the expansion of our Hybrid system into the MNX. We are especially proud that this system, built in-house, has proven to be robust enough to begin to handle the quantity of data generated from an Index pit," said GMEX chairman David Souquet.

GMEX developed the Hybrid Trading System to further blend the speed and efficiency of electronic trading with the benefits of a floor-based, auction market. Many customers prefer the deep liquidity and opportunity for price improvement available in an open outcry environment. Answering the demand for the best of both worlds, GMEX launched the Hybrid Trading System on May 20, 2010, creating a unique trading model unlike that of any other options exchange. Currently more than 1100 equity options and 21 Index options products are traded on the Hybrid Trading System, with about 1500 equity options expected to be active on the system by year-end.
About GMEX
The GMEX provides a complete technical and organisational infrastructure for smooth trading and the clearing of exchange trades, and its ongoing information and communications work contributes to the steady growth of supply and demand.
Our work is oriented to the needs of our stakeholders and is carried out in an economically efficient manner. We attach great importance to personal support and interchange with all of our partners in Asia and abroad.

About GENEVA MERCANTILE EXCHANGE:
When GMEX was created in 1995, its vision was to make the FOREX, futures and options markets available not only to institutional investors but also to the smaller private investor. A vision which became true in 1997 when we started our on-line Foreign Exchange commercial platform.

Company Contact Information
GENEVA MERCANTILE EXCHANGE
Mark Bitz
Confédération Centre
1204
Phone : 022 331 41 99