Philadelphia Stock Exchange (PHLX) announced a deal last Wednesday with Susquehanna International Group to jointly develop products to trade on its futures exchange subsidiary, Philadelphia Board of Trade (PBoT).
PBoT plans to offer a broad group of futures including an "event-driven" contract as well as securities-based futures, futures on economic indicators, financial and global events, commodities and other materials. The contracts will trade electronically and are expected to revive the...