Philadelphia Stock Exchange (PHLX) is set to launch options on a new China ETF index next week and is separately gearing up for a larger product launch for its futures exchange subsidiary, Philadelphia Board of Trade (PBoT).
PHLX officials told FO Week that options on the FTSE/Xinhua China 25 ETF will begin trading on 19 October. The new contract follows the debut of the underlying ETF, which began trading on New York Stock Exchange on 8 October. The same ETF index will begin trading on London Stock Exchange on 25 October.
The FTSE/Xinhua China 25 is...