The Philadelphia Stock Exchange (PHLX) announced today that it will begin to trade two new options on January 5, 2007. The following option was allocated to Citadel Derivatives Trading Group LLC:
- Spectra Energy Corp. (option/stock symbol: SE) will trade on the March expiration cycle with initial expiration months of January, February, March and June. Position and exercise limits have been set at 25,000 contracts.
The second option was allocated to Citigroup Derivatives Markets Inc.:
- Market Vectors Gold Miners ETF (option/stock symbol: GDX) will trade on the March expiration cycle with initial expiration months of January, February, March and June. Position and exercise limits have been set at 75,000 contracts.
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