Free Site Registration

PHLX Gains New Life

Traders Magazine, September 2005

Michael Scotti

There's new life at 1900 Market Street in the City of Brotherly Love. An equity infusion into the Philadelphia Stock Exchange by six major brokerage firms could make this once downtrodden regional exchange a more popular venue for equities and options. One source familiar with the investment said that PHLX has a market share in options that could skyrocket to 30 percent, given the ability of its investors to provide order flow.

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?