The PHLX trading systems, which were expanded to accommodate the American Stock Exchange's displaced options program, once again functioned without incidence. The PHLX's technical infrastructure continues to successfully handle the increased trading volume.
For the second consecutive day, almost 600 members of the AMEX trading community joined the PHLX's options traders. AMEX specialists and market makers are supplementing existing PHLX trading crowds. The AMEX, which is located two blocks from the World Trade Center, remains inaccessible. Today, AMEX Chairman and CEO, Salvatore F. Sodano and AMEX President, Peter Quick, toured the floor of the PHLX.
The Philadelphia Stock Exchange (PHLX) was founded in 1790. The PHLX trades more than 2,200 stocks, 1,041 listed equity options, 11 sectors index options and currency pairs. For more information about the PHLX and its products, visit www.phlx.com.
