PHLX equity volume for January 2001 reached 248 million shares, an increase of 17 percent over January 2000 when 211,928,876 shares changed hands. The PHLX currently trades 2,300 equities.
Volume in the PHLX’s 11 sectors index options reached 366,176 contracts traded for January 2001, an increase of 46 percent over January 2000 when 251,028 contracts traded. PHLX currently lists options on eleven sectors: Computer Box Maker Sector, Forest and Paper Sector, Gold/Silver Sector, National Over-the-Counter Sector, Oil Service Sector, OTC Prime Service Sector, PHLX/KBW Bank Sector, TheStreet.com Internet Sector, Semiconductor Sector, Utility Sector and Wireless Telecom Sector.
Volume in the PHLX’s customized and standardized currency options reached 37,678 contracts traded for the first month of 2001.
The Philadelphia Stock Exchange, founded shortly after America declared its independence from England, is redefining the options market in the 21st century. Trading volume has almost doubled year-over-year in the PHLX’s 800 listed equity options and 11 sector indexes, which are supported by advanced trading technology. The PHLX, whose members include the largest, best capitalized specialist firms in the global equity derivatives market, is the fastest growing U.S. options exchange.
