American Stock Exchange to Trade Options on First Trust Morningstar(R) Dividend Leaders Index Fund (FDL)

NEW YORK, March 14  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Wednesday, March 15, 2006 on the following exchange traded fund:

  * The First Trust Morningstar Dividend Leaders Index Fund ETF
    (Symbol: FDL)



The First Trust Morningstar Dividend Leaders Index Fund ETF options will open with strike prices of 15-25 (1- point increments) and position limits of 2,500,000 shares.  The options will trade on the March expiration cycle. The specialist will be Susquehanna Investment. The First Trust Morningstar Dividend Leaders Index Fund seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Morningstar(R) Dividend Leaders Index. The objective of the Index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The Index consists of the top 100 stocks, based on dividend yield, of the securities listed on US national securities exchanges that have been selected through the application of Morningstar's proprietary multi-step screening process.

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 161 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:  Media Contact: Kelsey Hubbard, American Stock Exchange, +1-212-

306-1640,  



Web site:  http://www.amex.com/ 

Copyright