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Friday, July 23, 2010

Options Trader Alert #2010 - 48
NOM and PHLX Announce Final List of Issues to be Added to the Penny Pilot Program August 2, 2010

Markets Impacted:

Contact Information:

What you need to know:

  • Effective August 2, 2010, 75 issues will be added to the Penny Pilot Program for one cent increment quoting on The NASDAQ Options MarketSM (NOM) and NASDAQ OMX PHLXSM (PHLX®).
  • Refer to the NASDAQ OMX Trader® website for the complete list of Penny Pilot issues.

What is changing?

Effective Monday, August 2, 2010, 75 new issues, consisting of the most actively traded options classes under $200 and not previously included in the program, will be added to the Penny Pilot Program for one cent increment quoting on NOM and PHLX.

This roll-out completes the last expansion of the Penny Pilot Program, which is effective through December 31, 2010. The Penny Pilot list now has a total of 361 symbols.

Where can I find more information?



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