Friday, January 23, 2009

Nasdaq to launch options trading on bail-out index

From Reuters:
Nasdaq OMX Group (NDAQ) said on Friday it will launch options trading on its three-week old Government Relief Index, which tracks the performance of companies bailed out by U.S. taxpayers....

...The Government Relief Index lists 24 companies that received at least $1 billion from the Troubled Asset Relief Program, or TARP, and other government aid plans.