NASDAQ OMX PHLX (PHLX) is one of the largest U.S. options exchange and trades more than 2,600 equity options, index options and currency options. PHLX operates on a combination of high-speed electronic options technology and floor-based, broker trading.
Utilizing the same SRO, NASDAQ OMX launched NASDAQ OMX PSX (PSX) in October 2010. PSX will be redefined in Q2 2013 with a new execution model, improved technology and competitive pricing. For more information, visit the PSX homepage.
How to Become a PHLX Member
To qualify for PHLX membership, an Applicant must be a registered broker dealer under the Exchange Act. All Applicants are subject to PHLX qualification and registration requirements which are set forth in PHLX Rules 611 to 620.
To begin the application process, simply complete and submit the Organization Membership Application. Completed applications along with all relevant supplemental material (See Sections L and M of application) should be forwarded to firstname.lastname@example.org.
PHLX new member applications are processed by the NASDAQ Membership Department. Inquiries regarding the submission and processing of a new member application should be directed to the Department at +1 215 496-5322 or via email to email@example.com.
The review process will not begin until a complete application, including relevant supplemental material, is received by the Membership Department.
Applicants are subject to a non-refundable application fee of $350.00 which does not apply if Applicant intends to engage in business only on the PSX equity platform. The application fee should be mailed to:
NASDAQ OMX Membership Department
1900 Market Street, 2nd Floor
Philadelphia, PA 19103