Welcome to NASDAQtrader.com for Options and Futures
Search:
   

Wednesday, March 3, 2010

Options Regulatory Alert #2010 - 6
NASDAQ OMX PHLX Increases Position Limits for Certain Sector Index Options

Markets Impacted:

  • NASDAQ OMX PHLX

Contact Information:

What you need to know:

  • Effective immediately, NASDAQ OMX PHLX will increase the tiered position limits for certain narrow-based (industry) sector index options.

What is changing?

Effective immediately, NASDAQ OMX PHLXSM (PHLX®) will increase the three tiered position limits for certain narrow-based (industry) sector index options found in PHLX Rule 1001A.

Previous Position Limit (in contracts)
New Position Limits (in contracts)
Tier 1
18,000
54,000
Tier 2
24,000
72,000
Tier 3
31,500
94,500

Which sector indexes are affected?

The position limit increase applies to options on the following indexes:

  • PHLX Oil Service Sector (OSX)
  • PHLX Semiconductor Sector (SOX)
  • PHLX Utility Sector (UTY)
  • PHLX Gold/Silver Sector (XAU)
  • PHLX Housing Sector (HGX)
  • SIG Energy MLP (SVO)
  • SIG Oil Exploration & Production (EPX)
  • NASDAQ China (CNZ)

Where can I find more information?


Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile