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American Stock Exchange Will Launch Options Trading in Commercial
Metals Company
NEW YORK, Jan. 7 /PRNewswire-FirstCall/ -- The American Stock Exchange(R)
(Amex(R)) announced today that it will launch trading in options on the New
York Stock Exchange listed stock of Commercial Metals Company (Symbol: CMC) on
Monday, January 10, 2005.
Commercial Metals Company options will open with position limits of 2.25
million shares. The options will trade on the March expiration cycle. The
specialist will be TANSTAAFL Research & Trading, LLC.
Commercial Metals Company and its subsidiaries manufacture, recycle and market
steel and metal products and related materials. The Company markets and trades
primary and secondary metals, steel, ores, concentrates, industrial minerals,
ferroalloys, chemicals and other materials used in a variety of industries.
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 144 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: Dan Charnas, American Stock Exchange, +1-212-306-1654,
Web site: http://www.amex.com/