American Stock Exchange to Trade Options on NICE-Systems Ltd and Universal Corporation

NEW YORK, Sept. 16  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Monday, September 19, 1005 on the Nasdaq Stock Market and New York Stock Exchange listed stocks of NICE-Systems Ltd, American Depositary Shares (Option Symbol: EQJ/ Stock Symbol: NICE) and Universal Corporation  (Symbol: UVV).

NICE-Systems Ltd, American Depositary Shares options will open with strike prices of 40 - 45 - 50 and position limits of 5,000,000 shares.  The options will trade on the February expiration cycle with initial expirations in October, November, February and May. The specialist will be TANSTAAFL Research & Trading, LLC.  NICE-Systems Ltd. offers multimedia digital recording solutions for professional uses.  The Company's products digitally record telephone calls and allow users to search for and retrieve them.  NICE's products are used in contact centers, financial institutions, air traffic control sites and government markets.

Universal Corporation options will open with strike prices of 35 - 40  - 45 and position limits of 2,500,000 shares.  The options will trade on the February expiration cycle with initial expirations in October, November, February and May. The specialist will be Jane Street Specialists, LLC. Universal Corporation is an independent leaf tobacco merchant.  The Company has additional operations in agri-products and the distribution of lumber and building products.  Universal sells primarily flue-cured and burley tobaccos to manufacturers located throughout the world.

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 168 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: The American Stock Exchange



CONTACT:  Mary Chung of the American Stock Exchange, [phone],

 



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

Copyright