The Chicago Board of Options Exchange has introduced Long- term Equity Anticipation Securities, or Leaps, on ITT Corp.

With the addition of the ITT securities, the options exchange is listing 96 Leaps on highly capitalized, actively traded equities.

Volume in the securities has increased dramatically since the exchange developed and launched the product in October 1990. First-half volume was 2.18 million contracts, representing 218 million shares of stock.

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