American Stock Exchange to Trade Options on First Trust IPOX-100 Index Fund
April 13 2006 - 4:33PM
PR Newswire (US)
NEW YORK, April 13 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Monday, April 17, 2006
on the following exchange traded fund: -- First Trust IPOX - 100
Index Fund (FPX) First Trust IPOX-100 Index Fund (FPX) options will
open with strike prices of 14-24 (1 pt increments) and position
limits of 2,500,000 shares. The options will trade on the March
expiration cycle. The specialist will be LaBranche Structured
Products, LLC. The First Trust IPOX-100 Index Fund tracks the
performance of the U.S. IPOX-100 Index, a modified cap-weighted
index measuring the performance of the 100 largest and most liquid
initial public offerings of the U.S. IPOX Composite Index for their
first 1000 days of trading. For more information on any Amex-listed
company, please visit http://www.amex.com/ . The American Stock
Exchange(R) (Amex(R)) is the only primary exchange that offers
trading across a full range of equities, options and exchange
traded funds (ETFs), including structured products and HOLDRS(SM).
In addition to its role as a national equities market, the Amex is
the pioneer of the ETF, responsible for bringing the first domestic
product to market in 1993. Leading the industry in ETF listings,
the Amex lists 164 ETFs. The Amex is also one of the largest
options exchanges in the U.S., trading options on broad-based and
sector indexes as well as domestic and foreign stocks. For more
information, please visit http://www.amex.com/ . DATASOURCE:
American Stock Exchange CONTACT: Catherine Chantharaj, of American
Stock Exchange, +1-212-306-1689, Web site: http://www.amex.com/
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