This connectivity will enable Calyon Financial's customers access to all CFE products, including futures on the CBOE Volatility Index (VIX), CBOE DJIA Volatility Index (VXD), CBOE NASDAQ-100 Volatility Index (VXN), CBOE Russell 2000 Volatility Index (RVX) CBOE S&P 500 Three- and Twelve-Month Variance, and CBOE S&P 500 BuyWrite Index.

"As a leader in providing institutional customers execution and clearing services on global exchanges, Calyon Financial is pleased to have partnered with Patsystems to provide efficient access to the CFE," said Leslie Sutphen, Global Head of eBrokerage Strategy, Calyon Financial. "Our customers have shown considerable interest in connecting electronically to the CFE, and with the involvement of Patsystems and the CFE, we've developed a robust tool that allows them to do that."

"Patsystems is pleased to offer connectivity to the CFE. It is important to us that our customers have access to the exchanges and products they desire. In this case, that meant providing Calyon Financial with access to the CFE," said Patrick Kenny, Patsystems Managing Director, North America. "We look forward to working with both Calyon Financial and CFE on this joint venture."

"CFE has seen a remarkable increase in volume this year as volatility has become a globally traded asset class. By connecting Calyon Financial to CFE, we continue to broaden our reach to the volatility trading community and provide Calyon Financial's clients access to the unique products available only on CFE," said Andrew Lowenthal, CFE Managing Director.