The Philadelphia Stock Exchange To Begin Trading Options On The PHLX World Energy Index<SUP>SM</SUP> (XWE<SUP>SM</SUP>) - “Trading To Begin On October 6””

The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading options on the PHLX World Energy Index (XWE) on October 6. Cash options on XWE will trade on PHLX XL, the Exchange’s electronic trading platform, along with 25 other PHLX proprietary indexes.

“The Energy industry has been marked by turbulent times of pricing pressures from supply chain interruptions and reduced spare capacity over the last twenty years.” said PHLX Vice President of New Products, Daniel Carrigan. “Demand for energy of all types faces rising demand from developing countries and is the lynchpin of the U.S. economy. XWE provides investors with a global snapshot of energy concerns in order to address their portfolio hedging and trading needs,” added Carrigan.

“Energy price volatility impacts capital infrastructure investments by firms on all sides of the energy-business spectrum,” said Kevin Fischer, Assistant Vice President of Timber Hill, LLC. “Business decisions made today to expand or improve production and distribution have a profound effect on company operating results – and with the volatile state of weather patterns, deliverability problems are more pronounced today. Accordingly, the PHLX World Energy Index can act as a directional indicator for the future state of the global energy industry.”

The Philadelphia Stock Exchange was founded in 1790. The PHLX trades nearly 2,000 stocks, over 1,500 equity options, 19 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.