
options offered to employees as partial compensation for their services. Compensation for services is measured by the quoted market price of the stock at the measurement date less the amount the employee is required to pay (option price). The measurement date is the earliest date on which both the number of shares to be issued and the option price are known.
Industry Associations
Chicago Board Options Exchange
Individuals, institutions and firms engaged in the buying and selling of various products including stock options, cash-settled index options, options on HOLDRs, options on Exchange Traded Funds and Structured Products.
Founded: 1973