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philadelphia stock exchange (phlx)

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Financial Dictionary

Philadelphia Stock Exchange (PHLX)

The oldest organized securities exchange in the United States (founded in 1790), the PHLX serves as a marketplace for stocks, equity options, index options, and currency options. The exchange offers trading in both standardized and customized currency and equity options.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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