THE PHILADELPHIA STOCK EXCHANGE ANNOUNCES NOVEMBER OPTIONS VOLUME
“PHLX SOARS TO THIRD LARGEST MARKETPLACE
FOR OPTIONS—DIRECTED ORDER FLOW MODEL AND REDUCED COST OF TRADING
KEY TO GAINS”
For more information, contact Barbara Sorid at 215-496-5200
or by e-mail
November Data
PHILADELPHIA- December 5, 2005 — The Philadelphia
Stock Exchange announced today that the Exchange garnered 15.44% equity
options market share in November making the Exchange the third largest
market center for options. The total volume of options traded was
21,022,937 contracts, up 24.6% from last month when 16,865,958 contracts
traded.
The PHLX also ranked third in market share for November when volume
and share for equity and index options trading are combined, capturing
14.47% market share, with a combined volume of 21,604,013 contracts
traded.
“We are very pleased with our building momentum in the options
markets,” said Meyer “Sandy” Frucher, Chairman and
CEO of the Phlx. “We have seen gains across the board, and what
we continue to hear from the street is that our Directed Order Flow
model, in combination with our technology and low cost of trading,
are the keys to our success.”
Frucher continued: “Everything we’ve witnessed –
both here at the Phlx and in the new focus on publicly traded exchanges
– tell us that a stable, scalable platform, multiple product
classes and a cost-effective model determine the intrinsic value of
exchanges. It’s what we’ve staked our future on.”
The attached table (based on OCC data) is volume and market share
for equity options and total options.
PHLX currently lists options on 26 sectors, among them are: PHLX/KBW
Bank Index (BKXSM); KBW Insurance Index (KIXSM);
KBW Capital Markets Index (KSXSM); PHLX Drug SectorSM
(RXSSM); PHLX Gold/Silver SectorSM (XAUSM);
PHLX Oil Service SectorSM (OSXSM); PHLX Defense
SectorSM (DFXSM); TheStreet.com Internet Sector
(DOTSM); PHLX Semiconductor SectorSM (SOXSM);
PHLX Utility SectorSM (UTYSM); PHLX Housing
SectorSM (HGXSM); the SIG Investment Managers
Index™ (SMQSM); the PHLX Europe SectorSM
(XEXSM); SIG Cable, Media & Entertainment IndexTM
(SCQ SM); SIG Casino Gaming IndexTM (SGVSM);
SIG Semiconductor Capital Equipment IndexTM (SEZSM);
SIG Semiconductor Device IndexTM (SDLSM); the
SIG Steel Producers IndexTM (STQ™
).
The PHLX now trades iShares FTSE/Xinhua China 25 Index Fund (FXITM).
This is the first time investors in the United States and abroad will
be able to track the performance of the largest and most widely traded
Chinese stocks by mirroring the FTSE/Xinhua China 25 Index, which
captures the top Chinese stocks available to international investors
by total market capitalization.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades
2,000 stocks, 1,926 equity options, 26 sectors index options and currency
options and futures. For more information about the PHLX and its products,
visit www.phlx.com.
SIG Investment Managers Index™
is a trademark of Susquehanna Indices, LLP.
SMQSM is a service mark of the Philadelphia Stock Exchange.
SIG Cable, Media and Entertainment Index™ is a trademark of
Susquehanna Indices, LLP.
SCQSM is a service mark of the Philadelphia Stock Exchange.
SIG Casino Gaming IndexTM,
SIG Semiconductor Capital Equipment IndexTM and SIG Semiconductor
DeviceTM Index are trademarks of SIG Indices, LLLP. SGVSM,
SEZSM and SDLSM are service marks of the Philadelphia Stock Exchange,
Inc.
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