Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

PHLX Equity and Options Post Record Breaking Volume

Date 07/04/2000

The Philadelphia Stock Exchange (PHLX) announced today that volume in PHLX's 950 equity options for the month of March 2000 reached an all-time record of 5,450,551 contracts traded, surpassing by 19% the previous record volume month set in January 2000 when 4,581,850 contracts changed hands. In addition, during the first three months of 2000, PHLX traded a record 14,296,839 equity option contracts, an increase of 26% in comparison to the same period last year.

Volume in PHLX's ten sectors index options during the first quarter of 2000 reached 911,662 contracts, an increase of 6% over the first three months of 1999. PHLX currently lists options on ten sectors: Computer Box Maker Sector, Forest and Paper Sector, Gold/Silver Sector, National Over-the-Counter Sector, Oil Service Sector, OTC Prime Sector, PHLX/KBW Bank Sector, TheStreet.com Internet Sector, Semiconductor Sector, and Utility Sector.

PHLX equity volume thrugh the first quarter of 2000 increased to a record 787,617,310 shares traded, an increase of over 49% in comparison to the same time period last year when 450,049,071 shares changed hands. In addition, equity volume for the month of March 2000 reached 252,651,813 shares, an increase of over 52% in comparison to March 1999 when 165,782,170 shares traded. The PHLX trades over 2600 equity issues.

Volume in PHLX's customized and standard currency options reached 96,887 contracts traded for the first three months of the year for an underlying value of $4.3 billion.

The PHLX is the first securities exchange in the U.S. and the nation's fastest growing sectors index options exchange. Founded in 1790, PHLX is a market leader in the trading of over 2600 stocks, 950 equity options, ten sectors index options, and 100 currency pairs.