Pacific Exchange Adds Issues to PCX Plus

Pacific Exchange Adds Issues to PCX Plus 


SAN FRANCISCO, Nov. 6  /PRNewswire/ -- The Pacific Exchange (PCX) announced that
it added two issues to its new electronic options trading system, PCX Plus, at
the opening of the market this morning.

The two issues, Applied Micro Circuits Corp. (NASDAQ:AMCC)(PCX:AEX) and
Americredit Corp. (NYSE:ACF)(PCX:ACF), are traded by Lead Market Maker Julian
Maneein of Knight Financial Products, LLC.  The Exchange launched PCX Plus on
October 6.

"We are pleased with the performance of PCX Plus," said Jon Werts, Vice
President, New Product and Business Development.  "The system is meeting our
expectations and operating standards.  It is accepting, processing, and
disseminating quotes from multiple sources, and has already received several
enhancements that strengthen its reliability and functionality.  We plan to add
more issues in a few weeks, and complete the conversion of all issues to the new
platform by the end of next year's first quarter."

PCX Plus is both a new technology platform and a new market structure for the
PCX, designed to better serve existing market participants and attract
additional liquidity to the Exchange.  It will create a unique marketplace,
providing firms and traders the ability to make markets from the floor or remote
locations. 

DATASOURCE: Pacific Exchange



CONTACT:  Dale A. Carlson of The Pacific Exchange, [phone], or





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

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