The Philadelphia Stock Exchange announced today that open interest for its recently launched dollar-settled World Currency Options on the Euro (XDE) and British Pound (XDB) surpassed 50,000 contracts for the first time.
"World Currency Options are gaining acceptance among retail securities investors as an investment tool to express opinions on the direction of the Euro and Pound," said Daniel R. Carrigan, PHLX’s vice president of new product development. "We plan to grow this product base with the listing of dollar-settled options on the Japanese Yen (XDN), Swiss Franc (XDS), Canadian Dollar (XDC) and Australian Dollar (XDA) pending regulatory approval,” he said.