The Philadelphia Stock Exchange (PHLX) announced today that it will begin to trade four new quarterly options on Monday, April 9, 2007. These options expire at the close of business on the last business day of the calendar quarter and are settled against the closing value of the underlying index on that day. Susquehanna Investment Group is the specialist for the following quarterly options:
KBW Bank Index (index/option symbol: BKX/BQA) will trade on the March expiration cycle with initial expiration months of June, September, December and March. Position and exercise limits have been set at 44,000 contracts.The Philadelphia Stock Exchange was founded in 1790. The PHLX trades over 7,000 stocks, 2,431 equity options, 15 sector index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.PHLX Oil Service Sector (index/option symbol: OSX/OSA) will trade on the March expiration cycle with initial expiration months of June, September, December and March. Position and exercise limits have been set at 31,500 contracts.
PHLX Semiconductor Sector (index/option symbol: SOX/SBO) will trade on the March expiration cycle with initial expiration months of June, September, December and March. Position and exercise limits have been set at 31,500 contracts.
PHLX Gold/Silver Sector (index/option symbol: XAU/XGI) will trade on the March expiration cycle with initial expiration months of June, September, December and March. Position and exercise limits have been set at 24,000 contracts.
