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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (179487)	7/12/2002 4:00:28 PM
From: stomper	Read Replies (3) \| Respond to of 436258

Oh look...they've invented a new toy for us, -g-: The Philadelphia Stock Exchange is pleased to introduce the PHLX Housing SectorSM (HGXSM) -- to begin trading on Wednesday, July 17. The index options contract is composed of 22 stocks, including seven companies whose primary business is building materials, 11 homebuilders, two manufactured housing companies and two mortgage insurance companies. A recent report by the Joint Center for Housing Studies of Harvard University concluded that the housing market is expected to continue to rise and that any declines will be temporary. A copy of the study is available at the Center's website at www.jchs.harvard.edu, under State of the Nation's Housing: 2002. HGX is the latest addition to the PHLX's sectors index options product line. Time after time, the PHLX has introduced products ahead of investor need, having both recognized untapped market segments and anticipated investor need for quality investment and hedging instruments. The roster of such products is long: the PHLX Oil Service SectorSM (OSXSM), the PHLX Gold/Silver SectorSM(XAUSM), the PHLX Semiconductor SectorSM (SOXSM) and the PHLX/KBW Bank Sector (BKXSM) to name a few. More detailed information about the PHLX Housing Sector, including contract specifications and component issues, is available on the PHLX Website at phlx.com. If you have any questions, or need additional information, please do not hesitate to call Al Brinkman, Director of Equity Derivatives Marketing at 215-496-1618 or Matt Holm, Director of New Product Development at 215-496-5017. PHLX housing index