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Phlx

• Is the Philadelphia Stock Exchange.

 
 Embedded terms in definition
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Philadelphia stock exchange
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 Referenced Terms
 Philadelphia stock exchange: Abbreviated Phlx. A securities exchange where American and European foreign currency options on spot exchange rates are traded.

 Virtual currency option: A new option contract introduced by the Phlx in 1994 that is settled in US$ rather than in the underlying currency. These options are also called 3-Ds (dollar denominated delivery).

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Do not let yourselves be discouraged or embittered by the smallness of the success you are likely to achieve in trying to make life better. You certainly would not be able, in a single generation, to create an earthly paradise. Who could expect that? But, if you make life ever so little better, you will have done splendidly, and your lives will have been worthwhile. - Arnold Toynbee

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