Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Philadelphia Stock Exchange To Begin Trading PHLX Drug Index

Date 13/07/2001

The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading the PHLX Drug Index upon the opening of business on Monday, July 16.

PHLX Drug Index (option/stock symbol: RXS) was allocated to Timber Hill LLC. The firm will offer automatic executions up to 100 contracts for all orders routed through AUTOM, the PHLX's automatic execution system for equity and sectors index options.

Please refer the to the Philadelphia Stock Exchange website, www.phlx.com, for the PHLX Drug Index's initial strike prices and expiration months.

The Philadelphia Stock Exchange is home to the largest best-capitalized trading firms in the global derivatives market. Supported by advanced trading technology, the exchange's market share has almost doubled year-over-year in the PHLX's 1,021 listed equity options and 10 sector index options. For more information about the PHLX and its products, including more than 2,184 stocks and currency pairs, visit www.phlx.com.