Philadelphia Stock Exchange
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Philadelphia Stock Exchange (PHLX)
A securities exchange trading American and European foreign currency options on spot exchange rates.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Philadelphia Stock Exchange
Founded in 1790, the oldest stock exchange in the United States. Equities in 2,000 companies and 1,700 options are traded on the PHLX floor. The exchange operates on an open outcry system, and is noted for its index options and currency options. It is currently owned by NASDAQ.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Philadelphia Stock Exchange (PHLX)
The oldest organized securities exchange in the United States (founded in 1790), the PHLX serves as a marketplace for stocks, equity options, index options, and currency options. The exchange offers trading in both standardized and customized currency and equity options.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.