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Article: TheStreet.com and the Philadelphia Stock Exchange Introduce TheStreet.com Internet Sector.
- Article from:
- PR Newswire
- Article date:
- November 9, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK and PHILADELPHIA, Nov. 9 /PRNewswire/ -- TheStreet.com, a leading online investment news publication, and the Philadelphia Stock Exchange (PHLX), have filed with the Securities and Exchange Commission (SEC) for approval to trade TheStreet.com Internet Sector.
TheStreet.com Internet Sector will track the performance of twenty Internet companies and will be equal-dollar weighted, meaning that the performance of both large and small companies on the index will be represented equally. Susquehanna Investment Group, one of the world's largest independent proprietary trading firms, will serve as a specialist firm for options based on the index.
"In an ...