PHILADELPHIA – Nov. 7, 2006 - The Philadelphia Stock Exchange
(PHLX) announced today changes to the PHLX Gold / Silver Sector
Index (XAU) effective before the opening of business on Monday,
Nov 20, 2006. Silver Standard Resources Inc. (SSRI) will be added.
This year, XAU is the most actively traded sector index option
in the U.S. trading 3.35 million contracts year to date. “Today's
change further adds trading value to XAU with the addition of Silver
Standard Resources Inc., a component that controls the largest silver
resource of any publicly traded silver company," said Daniel
R. Carrigan, PHLX’s vice president of new product development.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades
1,935 stocks, 2,287 equity options, 16 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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