First Trust US Equity Op... (AMEX:FPX)
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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/