The Philadelphia Stock Exchange To Begin Trading Options On The NASDAQ Composite Index®

The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading options on the NASDAQ Composite Index full-size (QCX) and mini-size contracts (QCE) on Monday, March 22.

Options on the NASDAQ Composite Index will be traded on the March expiration cycle. Position limits have been set at 50,000 contracts for QCX and 500,000 contracts for QCE. Susquehanna Investment Group will act as the specialist.

The Philadelphia Stock Exchange was founded in 1790. The PHLX trades 2,000 stocks, 1,200 equity options, 15 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.