The Philadelphia Stock Exchange (PHLX) announced today that it will begin to trade one additional new option on July 10, 2007. The following option was allocated to LaBranche Structured Products, LLC:
Chittenden Corporation (option/stock symbol: CHZ) will trade on the January expiration cycle with initial expiration months of July, August, October and January. Position and exercise limits have been set at 50,000 contracts.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades over 7,000 stocks, 2,543 equity options, 17 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.