NASDAQ and the Philadelphia Stock Exchange partner to offer options on the NASDAQ composite index.

0 Comments | M2 Presswire, September, 2003

M2 PRESSWIRE-4 September 2003-Philadelphia Stock Exchange: NASDAQ and the Philadelphia Stock Exchange partner to offer options on the NASDAQ composite index(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:09042003 New York and Philadelphia: The Nasdaq Stock Market, Inc. ("NASDAQ ") and the Philadelphia Stock Exchange (PHLX) today announced that options on the NASDAQ Composite Index will be listed and traded on PHLX, subject to approval by the Securities and Exchange Commission.

The NASDAQ Composite Index (NASDAQ: IXIC) is a market capitalization-weighted index of all the common stocks listed on NASDAQ and is the broadest, most well diversified real-time representation of the performance of NASDAQ-listed companies. The NASDAQ Composite Index is one of the most...

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