PHILADELPHIA STOCK
EXCHANGE ANNOUNCES WORLD
CURRENCY OPTION OPEN INTEREST RECORD
“Volume surge fuels half-million benchmark”
For more information, contact Barbara Sorid at 215-496-5200
or by e-mail
PHILADELPHIA – October 29, 2007 – The Philadelphia
Stock Exchange announced today that open interest for dollar-settled
World Currency Options (WCO) on the Euro (XDE), British Pound (XDB),
Australian Dollar (XDA), Canadian Dollar (XDC), Swiss Franc (XDS)
and Japanese Yen (XDN) surpassed 500,000 contracts for the first time
(503,773 as of October 26, 2007).
"World Currency Options afford the retail and institutional
investor foreign exchange efficiency of access and liquidity during
periods of market volatility," said Daniel R. Carrigan, PHLX’s
vice president of new product development.
The Philadelphia Stock Exchange was founded in 1790.
The PHLX trades more than 7,000 stocks, 2,639 equity options, 17 sectors
index options and currency options. For more information about the
PHLX and its products, visit www.phlx.com.
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