PHILADELPHIA – May 29, 2007 – The
Philadelphia Stock Exchange announced today that open interest for
its recently launched dollar-settled World Currency Options on the
Euro (XDE) and British Pound (XDB) surpassed 50,000 contracts for
the first time.
"World Currency Options are gaining acceptance among retail
securities investors as an investment tool to express opinions on
the direction of the Euro and Pound," said Daniel R. Carrigan,
PHLX’s vice president of new product development. "We
plan to grow this product base with the listing of dollar-settled
options on the Japanese Yen (XDN), Swiss Franc (XDS), Canadian Dollar
(XDC) and Australian Dollar (XDA) pending regulatory approval,”
he said.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades
more than 7,000 stocks, 2,502 equity options, 15 sectors index options
and currency options. For more information about the PHLX and its
products, visit www.phlx.com.
