Philadelphia Board of Trade (PBoT) is planning to relaunch
itself early next year with a suite of new "event driven"
The exchange, which is owned by Philadelphia Stock Exchange
(PHLX), will start up in the first quarter of 2005 as an
all-electronic market. PHLX last week hired Dan Carrigan
as vice president of new product development at PHLX, to head
up PBoT's efforts to create new contracts. The exchange, a
long-time Commodity Futures Trading Commission designated
contract market, has been working in tandem with Susquehanna
International Group since March on the joint development of
products. These will include securities-based futures,
commodity and other materials futures, economic indicator
futures and futures on a variety of other financial and global
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