American Stock Exchange to Trade Options on Three Securities
November 21 2005 - 6:21PM
PR Newswire (US)
NEW YORK, Nov. 21 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Tuesday, November 22,
2005 on the following New York Stock Exchange listed stocks of: *
Florida Rock Industries, Inc. (Symbol: FRK) * Hughes Supply, Inc.
(Symbol: HUG) * Knight-Ridder, Inc. (Symbol: KRI) Florida Rock
Industries, Inc. options will open with position limits of
7,500,000 shares. The options will trade on the March expiration
cycle. The specialist will be Group One Trading LP. Florida Rock
Industries, Inc. produces and sells ready-mixed concrete, and
mines, processes and sells sand, gravel and crushed stone. The
Company also produces and sells concrete block and pre-stressed
concrete and sells other building materials. Hughes Supply, Inc.
options will open with position limits of 7,500,000 shares. The
options will trade on the January expiration cycle. The specialist
will be Group One Trading LP. Hughes Supply, Inc. wholesale
distributes construction, repair and maintenance-related products.
The Company's products are used by its customers in new
construction for commercial, residential, infrastructure and
industrial applications and for replacement and renovation
projects. Knight-Ridder, Inc. options will open with position
limits of 7,500,000 shares. The options will trade on the January
expiration cycle. The specialist will be Kellogg Capital Group,
LLC. Knight-Ridder, Inc., a newspaper publisher, offers print and
online products. The Company publishes daily newspapers in various
markets throughout the US, as well as holds investments in a
variety of Internet and technology companies. 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 186 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: The American Stock Exchange CONTACT: Media, Mary Chung
of American Stock Exchange, +1-212-306-1641, Web site:
http://www.amex.com/
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