The Philadelphia Stock Exchange (PHLX) announced today that trading of options on the Susquehanna International Group of Companies SIG Energy MLP Index™ (SVOSM) became effective February 1.
The SIG Energy MLP Index (SVO) is an equal-dollar-weighted index composed of 27 publicly listed Master Limited Partnerships that sell, distribute, explore, mine, store, market, and trade primary energy products. Products include coal, propane, distillate products, crude oil, liquid natural gas and its byproducts and are available to end-markets across the United States - primarily retail service stations, truck stops, railroads, agricultural enterprises, refineries, and military and commercial jet fuel users.
“PHLX has partnered with SIG to deliver a new energy company index that reflects underlying commodity price movement and interest rate fluctuations," said Daniel R. Carrigan, PHLX’s vice president of new product development.
