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Philadelphia Stock Exchange Introduces The PHLX Fiber Optics Sector

Date 14/11/2001

The Philadelphia Stock Exchange announced that it will begin trading put and call options on the newly created PHLX Fiber Optics Sector today, Wednesday, November 14.

The PHLX Fiber Optics Sector, which will trade under the options symbol FOP, was allocated to Susquehanna Investment Group. The firm will offer automatic executions up to 50 contracts for orders routed through AUTOM, the PHLX's automatic execution system for equity and sector index options.

The PHLX's Fiber Optics Sector is an equal-dollar weighted index of 21 leading companies whose primary lines of business are development, support, or sale of the equipment or services relating to the fiber optics industry. FOP is comprised of the following stocks:

  • Alcatel (ALA)
  • Applied Micro Circuits Corp. (AMCC)
  • Cable Design Technologies Corp. (CDT)
  • Ciena Corp. (CIEN)
  • Cisco Systems Inc. (CSCO)
  • Corning Inc. (GLW)
  • EXFO Electro-Optical Engineering (EXFO)
  • Finisar Corp. (FNSR)
  • Harmonic Inc. (HLIT) JDS Uniphase Corp. (JDSU)
  • Juniper Networks (JNPR)
  • Lucent Technologies Inc. (LU)
  • Newport Corp. (NEWP)
  • Nortel Networks Corp. (NT)
  • ONI Systems Corp. (ONIS)
  • PMC-Sierra Inc. (PMCS)
  • Qwest Communications Intl Inc. (Q)
  • Scientific-Atlanta Inc. (SFA)
  • Tellabs Inc. (TLAB)
  • Tycom Ltd. (TCM)
  • Vitesse Semiconductor Corp. (VTSS)

The Philadelphia Stock Exchange (PHLX) was founded in 1790. The PHLX trades more than 2,200 stocks, 1,016 listed equity options, 11 sectors index options and currency pairs. For more