PHLX To Begin Trading Options On Palm, Inc.
Date 03/03/2000
The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading put and call options on Palm, Inc. (a spin-off of 3Com, Corp.) upon the opening of trading on Thursday, March 16, 2000.
The specialist unit for Palm, Inc. options will be Susquehanna Investment Group, who will be
offering an automatic execution (AUTO-X) guarantee of up to 50 contracts for orders executed
through AUTOM, PHLX's automatic execution system for equity and sectors index options.
Additional information such as option symbol, strike prices, initial expiration months and position
limits will be announced at a later date.
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, 11 sectors index options, and 100 currency pairs.
