Djia Futures Trading Approved

The Chicago Board of Trade said it got regulatory approval to begin trading futures and options on the Dow Jones Industrial Average next month.

Trading of DJIA futures will permit traders for the first time ever to bet on the direction of the 101-year-old average, composed of 30 stocks, including General Electric Co. and Coca-Cola Co.

The Commodity Futures Trading Commission approved the listing of the contracts, effective Oct. 6, which will be based on Dow Jones & Co.’s industrial average of 30 stocks. The company agreed in June to license the index, the leading market gauge for U.S. stocks, for derivatives trading.