THE PHILADELPHIA STOCK EXCHANGE NAMES MARK MONACO DIRECTOR OF MARKETING FOR ITS SUBSIDIARY PHILADELPHIA BOARD OF TRADE

For more information, contact Barbara Sorid at 215-496-5200 or by e-mail

PHILADELPHIA – Oct. 19, 2005 - The Philadelphia Stock Exchange (PHLX) announced today that Mark Monaco has been appointed Director of Marketing for the Philadelphia Board of Trade (PBOT), the PHX’s futures exchange subsidiary.

Monaco will be based in Chicago and will spearhead the exchange’s efforts to penetrate and establish strong working relationships with key futures clients throughout the U.S. and Europe.

"PHLX will extend its value proposition of streaming quotes and novel products to the futures ndustry in 2006,” said Daniel Carrigan, PHLX’s vice president of new product development.
"Mark will figure prominently in our strategy of providing new brokerage revenue and trading opportunities to Futures Commission Merchants.”

Monaco, a 1991 graduate of Purdue University, has 15 years sales and marketing experience, 10 of which are in the financial services industry in Chicago.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades 2,000 stocks, more than 1,750 equity options, 26 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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