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The Philadelphia Stock Exchange (PHLX) announced today that it will begin to trade twelve new options on June 9, 2008. The first ten options were allocated to Citadel Derivatives Group, LLC:
Market Vectors Russia ETF Trust (option/stock symbol: RSX) will trade on the February expiration cycle with initial expiration months of June, July, August and November. Position and exercise limits have been set at 7,500,000 shares.
Methanex Corp. (option/stock symbol: MEOH) will trade on the January expiration cycle with initial expiration months of June, July, October and January. Position and exercise limits have been set at 7,500,000 shares.
Sadia SA (option/stock symbol: SDA) will trade on the March expiration cycle with initial expiration months of June, July, September and December. Position and exercise limits have been set at 15,000,000 shares until September 2008, where limits revert to 5,000,000 shares.
SASOL LTD (option/stock symbol: SSL) will trade on the March expiration cycle with initial expiration months of June, July, September and December. Position and exercise limits have been set at 25,000,000 shares.
Frontline LTD New (option/stock symbol: FRO) will trade on the February expiration cycle with initial expiration months of June, July, August and November. Position and exercise limits have been set at 25,000,000 shares.
Energen Corp(option/stock symbol: EGN) will trade on the January expiration cycle with initial expiration months of June, July, October and January. Position and exercise limits have been set at 7,500,000 shares.
China Direct Inc. (option/stock symbol: CDS) will trade on the March expiration cycle with initial expiration months of June, July, September and December. Position and exercise limits have been set at 7,500,000 shares.
Auxilium Pharmaceuticals Inc. (option/stock symbol: AUXL) will trade on the March expiration cycle with initial expiration months of June, July, September, December and January. Position and exercise limits have been set at 20,000,000 shares.
American Water Works Co, Inc. (option/stock symbol: AWK) will trade on the March expiration cycle with initial expiration months of June, July, September and December. Position and exercise limits have been set at 7,500,000 shares.
Solutia, Inc. (option/stock symbol: SOA) will trade on the March expiration cycle with initial expiration months of June, July, September and December. Position and exercise limits have been set at 5,000,000 shares.
The final two options were allocated to Timber Hill LLC:
Logictech International (option/stock symbol: LOGI) will trade on the March expiration cycle with initial expiration months of June, July, September, December and January. Position and exercise limits have been set at 25,000,000 shares.
KKR Financial Corp. (option/stock symbol: KFN) will trade on the January expiration cycle with initial expiration months of June, July, October and January. Position and exercise limits have been set at 25,000,000 shares.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades over 7,000 stocks, 2,597 equity options, 19 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.
