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philadelphia stock exchange

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Financial Dictionary

Philadelphia Stock Exchange - PHLX

The first securities exchange to be formed in the United States.

Investopedia Commentary

Created in 1790, the PHLX trades stocks as well as equity, currency, and index options. Their currency options can be either standard or customized.

See also: Clearing Member Trade Agreement - CMTA, Options Clearing Corporation - OCC

Also spelled: PHLX

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