Philadelphia Proposes Series Of Rule Changes Move To Lure OTC Options Traders To Exchange


The Philadelphia Stock Exchange (PHLX) is looking to change some of its rules in order to accommodate over-the-counter currency options traders. The rule changes, which the exchange hopes to institute shortly, would allow large currency options trades to get executed at one price and help level the currency options playing field at the exchange.

The PHLX, which has been battling to attract OTC users for some time (FX Week, June 8), says that the rule changes will provide an "easier and less

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