The Philadelphia Stock Exchange Announces November Options Volume - “PHLX Soars To Third Largest Marketplace For Options—Directed Order Flow Model And Reduced Cost Of Trading Key To Gains”

The Philadelphia Stock Exchange announced today that the Exchange garnered 15.44% equity options market share in November making the Exchange the third largest market center for options. The total volume of options traded was 21,022,937 contracts, up 24.6% from last month when 16,865,958 contracts traded. The PHLX also ranked third in market share for November when volume and share for equity and index options trading are combined, capturing 14.47% market share, with a combined volume of 21,604,013 contracts traded.
The PHLX also ranked third in market share for November when volume and share for equity and index options trading are combined, capturing 14.47% market share, with a combined volume of 21,604,013 contracts traded.

“We are very pleased with our building momentum in the options markets,” said Meyer “Sandy” Frucher, Chairman and CEO of the Phlx. “We have seen gains across the board, and what we continue to hear from the street is that our Directed Order Flow model, in combination with our technology and low cost of trading, are the keys to our success.”
Frucher continued: “Everything we’ve witnessed – both here at the Phlx and in the new focus on publicly traded exchanges – tell us that a stable, scalable platform, multiple product classes and a cost-effective model determine the intrinsic value of exchanges. It’s what we’ve staked our future on.”

The attached table (based on OCC data) is volume and market share for equity options and total options.

PHLX currently lists options on 26 sectors, among them are: PHLX/KBW Bank Index (BKX^SM); KBW Insurance Index (KIX^SM); KBW Capital Markets Index (KSX^SM); PHLX Drug Sector^SM (RXS^SM); PHLX Gold/Silver Sector^SM (XAU^SM); PHLX Oil Service Sector^SM (OSX^SM); PHLX Defense Sector^SM (DFX^SM); TheStreet.com Internet Sector (DOT^SM); PHLX Semiconductor Sector^SM (SOX^SM); PHLX Utility Sector^SM (UTY^SM); PHLX Housing Sector^SM (HGX^SM); the SIG Investment Managers Index™ (SMQ^SM); the PHLX Europe Sector^SM (XEX^SM); SIG Cable, Media & Entertainment Index^TM (SCQ ^SM); SIG Casino Gaming Index^TM (SGV^SM); SIG Semiconductor Capital Equipment Index^TM (SEZ^SM); SIG Semiconductor Device Index^TM (SDL^SM); the SIG Steel Producers Index^TM (STQ™ ).
The PHLX now trades iShares FTSE/Xinhua China 25 Index Fund (FXI^TM). This is the first time investors in the United States and abroad will be able to track the performance of the largest and most widely traded Chinese stocks by mirroring the FTSE/Xinhua China 25 Index, which captures the top Chinese stocks available to international investors by total market capitalization.

The Philadelphia Stock Exchange was founded in 1790. The PHLX trades 2,000 stocks, 1,926 equity options, 26 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.

SIG Investment Managers Index™ is a trademark of Susquehanna Indices, LLP.
SMQ^SM is a service mark of the Philadelphia Stock Exchange.
SIG Cable, Media and Entertainment Index™ is a trademark of Susquehanna Indices, LLP.
SCQ^SM is a service mark of the Philadelphia Stock Exchange.

SIG Casino Gaming Index^TM, SIG Semiconductor Capital Equipment Index^TM and SIG Semiconductor Device^TM Index are trademarks of SIG Indices, LLLP. SGVSM, SEZSM and SDLSM are service marks of the Philadelphia Stock Exchange, Inc.