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The Philadelphia Stock Exchange (PHLX) announced today that it will begin to trade one new option on April 1, 2008. The following option was allocated to Citadel Derivatives Trading Group LLC:
Philip Morris International (option/stock symbol: PM) will trade on the March expiration cycle with initial expiration months of April, May, June and September. Position and exercise limits have been set at 75,000 contracts.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades more than 7,000 stocks, 2,639 equity options, 16 sectors index options, options on all major currencies, and futures through its subsidiary, The Philadelphia Board of Trade (PBOT). For more information about the PHLX and its products, visit www.phlx.com.
