The Philadelphia Stock Exchange (PHLX) announced today that it will begin to trade two new options on June 26, 2008. Both options were allocated to Susquehanna Securities:
- Reinsurance Group of America Inc. (option/stock symbol: RGA) 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 5,000,000 shares.
- Claymore/Mac Global Solar Energy ETF (option/stock symbol: TAN) 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 2,500,000 shares.