The Philadelphia Stock Exchange (PHLX) announced today that it will begin to trade eight new options on July 10, 2008. All of the following options were allocated to Susquehanna Securities:
Powershares DB Energy Fund (option/stock symbol: DBE) will trade on the January expiration cycle with initial expiration months of July, August, October and January. Position and exercise limits have been set at 2,500,000 shares.The Philadelphia Stock Exchange was founded in 1790. The PHLX trades over 7,000 stocks, over 2,600 equity options, 15 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.Powershares DB Oil Fund (option/stock symbol: DBO) will trade on the January expiration cycle with initial expiration months of July, August, October and January. Position and exercise limits have been set at 2,500,000 shares.
Powershares DB Precious Metals (option/stock symbol: DBP) will trade on the January expiration cycle with initial expiration months of July, August, October and January. Position and exercise limits have been set at 2,500,000 shares.
Idera Pharmaceuticals, Inc. (option/stock symbol: IDRA) will trade on the January expiration cycle with initial expiration months of July, August, October and January. Position and exercise limits have been set at 2,500,000 shares.
Kookmin Bank (option/stock symbol: KB) will trade on the March expiration cycle with initial expiration months of July, August, September and December. Position and exercise limits have been set at 25,000,000 shares.
Northstar Realty Fin Corp (option/stock symbol: NRF) will trade on the March expiration cycle with initial expiration months of July, August, September and December. Position and exercise limits have been set at 25,000,000 shares.
Ram Energy Resources (option/stock symbol: RAME) will trade on the March expiration cycle with initial expiration months of July, August, September and December. Position and exercise limits have been set at 7,500,000 shares.
Banco Santander Central Hispano (option/stock symbol: STD) will trade on the March expiration cycle with initial expiration months of July, August, September and December. Position and exercise limits have been set at 25,000,000 shares.