THE PHILADELPHIA
STOCK EXCHANGE TO ADD GOOGLE TO THE STREET.COM INTERNET SECTOR
INDEX (DOTSM) ON THURSDAY, DECEMBER 23
For more information, contact Barbara Sorid at 215-496-5200
or by e-mail
PHILADELPHIA – Dec 20, 2004 - The Philadelphia Stock Exchange
(PHLX) announced today that it will add Google Inc. (GOOG) to The
Street.com Internet Sector (DOTSM) on Thursday, December 23.
“
Google has been the IPO story of 2004,” said Daniel Carrigan,
PHLX vice president of new product development. “Its addition
to DOT brings traders the premier vehicle for trading the Internet
Sector against other sectors and broad-based indices,”
DOTSM will trade electronically on PHLX XL beginning January 6th.
Customers will find liquidity, price competition and rapid execution
for orders of all sizes,” Carrigan said.
TheStreet.com Internet Sector (DOTSM) is an equal-dollar-weighted
index composed of 24 leading companies involved in Internet commerce,
service and software. TheStreet.com is a leading provider of original,
timely and comprehensive financial news and commentary through its
network of free and subscription-based sites, and through conferences,
books, wireless, and broadband initiatives.
DOTSM was set to an initial value of 200 on September 30, 1998; options
commenced trading on December 9, 1998. Susquehanna International
Group is the specialist. DOTSM trades on the March expiration cycle.
About
the PHLX
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades
2,000 stocks, 1,500 equity options, 18 sectors index options
and currency options and futures. For more information about
the PHLX
and its products, visit www.phlx.com.
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