Urbana Corporation Purchases 3.15% Ownership In OneChicago, LLC
Toronto, Ontario – April 1st, 2008 – Urbana Corporation (“Urbana”) (TSX: URB.A) is pleased to announce that it has purchased a 3.15% interest in the shares of OneChicago, LLC (“OneChicago”). The value of the transaction is $3,150,000.
OneChicago, a privately held company, is the only single stock futures exchange in the United States, offering electronic futures trading on nearly 600 single stocks, as well as futures on ETF’s and narrow-based equity indices. OneChicago is a joint venture of IB Exchange Corp.(a wholly owned subsidiary of Interactive Brokers Group) and the world’s premier options and futures exchanges: Chicago Board Options Exchange Incorporated (“CBOE”), and Chicago Mercantile Exchange Group (“CME”). All products are electronically traded on the CBOEdirect match engine and accessible through the CBOEdirect and CME Globex platforms.
Urbana is an investment corporation that is listed on the Toronto Stock Exchange. Urbana’s current focus is buying memberships and shares in private and public securities exchanges in North America and around the world.
Elizabeth Naumovski, Investor Relations at 416-595-9106 for further information.