Philly Stock Exchange (PHLX)
Philly Stock Exchange (PHLX), currently referred to as NASDAQ OMX PHLX, is the earliest stock exchange in the United States. It is currently had by Nasdaq Inc
Founded in 1790, the exchange was initially called the Board of Brokers of Philadelphia, likewise described as the Philadelphia Board of Brokers. In 1875, the Board of Brokers transformed its name to the Philadelphia Stock Exchange.
The exchange combined with the Baltimore Stock Exchange in 1949 and was called the Philadelphia-Baltimore Stock Exchange. It combined with the Washington Stock Exchange in 1954, coming to be known as the Philadelphia-Baltimore-Washington Stock Exchange (often shortened as PBW). In 1969, the exchange got the Pittsburgh Stock Exchange. In 2007, PHLX was purchased by NASDAQ for $652 million.
The exchange’s regular trading sessions are from 9:30 am to 4:00 pm on throughout the days of the week except Saturdays, Sundays and holidays proclaimed by the exchange ahead of time.
Frequently Asked Questions on Philadelphia Stock Exchange (PHLX)
Is there a Philadelphia Stock Exchange?
The Philadelphia Stock Exchange (PHLX), officially referred to as the Board of Brokers, was the first official U.S. safety and securities exchange, created in 1790. Today, the exchange concentrates on equity, currency, as well as index options instead of stock trading.
That founded the Philadelphia Stock Exchange?
The exchange originated in 1746 when Mayor James Hamilton (c. 1740-83) given away ₤ 150 in start-up funds.
What does the Philadelphia Stock Exchange do?
The stock exchange in Philadelphia uses trading in index options, equity options, and also currency options. The Philadelphia Stock Exchange is a large exchange situated in Philadelphia, Pennsylvania that offers trading in index options, equity options, and also currency options.
What professions on PHLX?
PHLX supplies options trading on hundreds of underlying equity, ETF, index, and also FX products. Our unique market framework and also modern technology promotes deep and fluid markets with competitive prices.