American Stock Exchange Will Launch Options Trading on Neenah Paper
December 14 2004 - 3:24PM
PR Newswire (US)
American Stock Exchange Will Launch Options Trading on Neenah Paper
NEW YORK, Dec. 14 /PRNewswire/ -- The American Stock Exchange
(Amex) will launch trading in options on the common stock of Neenah
Paper Inc. (Option symbol NP) on Wednesday, December 15, 2004.
Neenah Paper Inc. will open with position limits of 1,350,000
shares. The options will trade on the January expiration cycle and
the specialist will be Trinity Derivatives Group, LLC. Neenah Paper
Inc., which is listed on the New York Stock Exchange, manufactures
and distributes a range of premium and specialty paper grades and
bleached kraft pulp. The Company has rights to harvest wood off
timberlands in Canada. Neenah operates fine paper, technical paper
and pulp businesses in Canada and the US. 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 144 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: Dan Charnas of American Stock
Exchange, +1-212-306-1654, or Web site: http://www.amex.com/
Copyright