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PHLX Subsidiary Lists New Futures The Philadelphia Stock Exchange launched three futures contracts on its Philadelphia Board of Trade subsidiary in March. Previously, the exchange traded only currency futures on six different foreign currencies. The new contracts are linked to three of the PHLX’s homegrown indexes. Futures are now trading on the PHLX Oil Service Sector, PHLX Semiconductor Sector and PHLX Housing Sector indexes. PHLX options contracts are available for all three indexes and have some of the highest volumes of PHLX’s 17 different index options contracts. For the time being, volumes for the new futures remain largely nonexistent. |
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