American Stock Exchange to Trade Options on Seven PowerShares
March 03 2005 - 10:40AM
PR Newswire (US)
American Stock Exchange to Trade Options on Seven PowerShares NEW
YORK, March 2 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Thursday, March 3, 2005
on the underlying shares of * PowerShares WilderHill Clean Energy
Portfolio (PBW) * PowerShares Dynamic Large Cap Growth Portfolio
(PWB) * PowerShares Dynamic Large Cap Value Portfolio (PWV) *
PowerShares Dynamic Mid Cap Growth Portfolio (PWJ) * PowerShares
Dynamic Mid Cap Value Portfolio (PWP) * PowerShares Dynamic Small
Cap Growth Portfolio (PWT) * PowerShares Dynamic Small Cap Value
Portfolio (PWY) The PowerShares WilderHill Clean Energy Portfolio
(PBW) will open with strike prices of 10-20 with one-point
increments and position limits of 1,350,000 shares. The options
will trade on the March expiration cycle with initial expirations
in March, April, June and September. The specialist will be
LaBranche Structured Products, LLC. PowerShares Wilderhill Clean
Energy Portfolio is an exchange-traded fund incorporated in the
USA. The Fund's investment objective seeks to correspond to the
price and yield of the Wilderhill Clean Energy Portfolio.
PowerShares Dynamic Large Cap Growth Portfolio (PWB) will open with
strike prices of 10-20 with one-point increments and position
limits of 1,350,000 shares. The options will trade on the March
expiration cycle with initial expirations in March, April, June and
September. The specialist will be LaBranche Structured Products,
LLC. PowerShares Dynamic Large Cap Growth Portfolio is an
exchange-traded fund incorporated in the USA. The Fund seeks
investment results that correspond the prices and yield of the
Dynamic Large Cap Growth Intellidex Index. PowerShares Dynamic
Large Cap Value Portfolio (PWV) will open with strike prices of
10-20 with one-point increments and position limits of 1,350,000
shares. The options will trade on the March expiration cycle with
initial expirations in March, April, June and September. The
specialist will be LaBranche Structured Products, LLC. PowerShares
Dynamic Large Cap Value Portfolio is an exchange-traded fund
incorporated in the USA. The Fund seeks investment results that
correspond the prices and yield of the Dynamic Large Cap Value
Intellidex Index. PowerShares Dynamic Mid Cap Growth Portfolio
(PWJ) will open with strike prices of 10-20 with one-point
increments and position limits of 1,350,000 shares. The options
will trade on the March expiration cycle with initial expirations
in March, April, June and September. The specialist will be
LaBranche Structured Products, LLC. PowerShares Dynamic Mid Cap
Growth Portfolio is an exchange-traded fund incorporated in the
USA. The Fund seeks investment results that correspond the prices
and yield of the Dynamic Large Cap Value Intellidex Index.
PowerShares Dynamic Mid Cap Value Portfolio (PWP) will open with
strike prices of 10-20 with one-point increments and position
limits of 1,350,000 shares. The options will trade on the March
expiration cycle with initial expirations in March, April, June and
September. The specialist will be LaBranche Structured Products,
LLC. PowerShares Dynamic Mid Cap Value Portfolio is an
exchange-traded fund incorporated in the USA. The Fund seeks
investment results that correspond the prices and yield of the
Dynamic Large Cap Value Intellidex Index. PowerShares Dynamic Small
Cap Growth Portfolio (PWT) will open with strike prices of 10-20
with one-point increments and position limits of 1,350,000 shares.
The options will trade on the March expiration cycle with initial
expirations in March, April, June and September. The specialist
will be Kellogg Capital Group, LLC. PowerShares Dynamic Small Cap
Growth Portfolio is an exchange-traded fund incorporated in the
USA. The Fund seeks investment results that correspond the prices
and yield of the Dynamic Small Cap Growth Intellidex Index.
PowerShares Dynamic Small Cap Value Portfolio (PWY) will open with
strike prices of 10-20 with one-point increments and position
limits of 1,350,000 shares. The options will trade on the March
expiration cycle with initial expirations in March, April, June and
September. The specialist will be Kellogg Capital Group, LLC.
PowerShares Dynamic Small Cap Value Portfolio is an exchange-traded
fund incorporated in the USA. The Fund seeks investment results
that correspond the prices and yield of the Dynamic Small Cap Value
Intellidex Index. 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 145 ETFs
to date. 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: Mary Chung of the American Stock Exchange,
+1-212-306-1641, Web site: http://www.amex.com/
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