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American Stock Exchange To Trade Options On Eleven Securities
NEW YORK, Sept. 9 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
will launch trading in options on Friday, September 10, 2004 on the following
Nasdaq Stock Market and New York Stock Exchange listed stocks of:
* CP Ships Limited (Symbol: TEU)
* Digene Corporation (Option Symbol: QDG/Stock Symbol: DIGE)
* Gentex Corporation (Option Symbol: GQX/Stock Symbol: GNTX)
* W.R. Grace & Co. (Symbol: GRA)
* Huntington Bancshares Incorporated (Option Symbol: HQB/Stock Symbol:
HBAN)
* Kensey Nash Corporation (Option Symbol: QKN/Symbol: KNSY)
* Komag, Incorporated (Option Symbol: QKX/Symbol: KOMG)
* Pentair, Inc. (Symbol: PNR)
* Pogo Producing Company (Symbol: PPP)
* Rigel Pharmaceuticals, Inc. (Option Symbol: QRG/Symbol: RIGL)
* Tom Online Inc., American Depository Shares (Option Symbol: QWX/Symbol:
TOMO)
CP Ships Limited options will open with position limits of 2,250,000 shares.
The options will trade on the January expiration cycle. The specialist will be
AGS Specialists LLC. CP Ships Limited provides international ocean and inland
transportation for containerized cargo.
Digene Corporation options will open with position limits of 2,250,000 shares.
The options will trade on the March expiration cycle. The specialist will be
Charlton Specialist Partners, LLC. Digene Corporation develops, manufactures
and markets DNA and RNA tests for the detection, screening and monitoring of
human diseases.
Gentex Corporation options will open with position limits of 3,150,000 shares.
The options will trade on the March expiration cycle. The specialist will be
LaBranche Structured Products, LLC. Gentex Corporation designs, manufactures
and markets products that use electro-optic technology.
W.R. Grace & Co. options will open with position limits of 6,000,000 shares.
The options will trade on the March expiration cycle. The specialist will be
Stuyvesant Trading Group. W.R. Grace & Co. supplies specialty chemical,
construction and container products.
Huntington Bancshares Incorporated options will open with position limits of
6,000,000 shares. The options will trade on the January expiration cycle. The
specialist will be Stuyvesant Trading Group. Huntington Bancshares
Incorporated is a multi-state bank holding company.
Kensey Nash Corporation options will open with position limits of 2,250,000
shares. The options will trade on the March expiration cycle. The specialist
will be TANSTAAFL Research & Trading, LLC. Kensey Nash Corporation designs,
develops and manufactures a line of absorbable medical devices. The Company's
products are used for the sealing of arterial punctures created during
cardiovascular procedures such as angiography, angioplasty, atherectomy and the
placement of stents.
Komag, Incorporated options will open with position limits of 3,150,000 shares.
The options will trade on the March expiration cycle. The specialist will be
Fogel Group, LLC. Komag, Incorporated supplies thin-film disks, the primary
storage medium for digital data in computers and consumer appliances.
Pentair, Inc. options will open with position limits of 4,500,000 shares. The
options will trade on the February expiration cycle. The specialist will be
LaBranche Structured Products, LLC. Pentair, Inc., a diversified manufacturing
company, produces electrical and electronic enclosures, professional tools and
water products.
Pogo Producing Company options will open with position limits of 3,150,000
shares. The options will trade on the February expiration cycle. The
specialist will be Charlton Specialist Partners, LLC. Pogo Producing Company
explores for and produces oil and gas.
Rigel Pharmaceuticals, Inc. options will open with position limits of 2,250,000
shares. The options will trade on the March expiration cycle. The specialist
will be Group One Trading, L.P. Rigel Pharmaceuticals, Inc. discovers and
develops novel, small molecule drugs in four lead product development programs:
allergy/asthma, autoimmune disorders, hepatitis C, and cancer.
Tom Online, Inc., American Depository Share options will open with position
limits of 1,350,000 shares. The options will trade on the March expiration
cycle. The specialist will be TD Options, LLC. Tom Online Inc., through its
subsidiaries, provides value-added multimedia products and services. The
Company delivers its products and services from its Internet Portal to its
users both through their mobile phones and through its websites.
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 138 ETFs to date. 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.
DATASOURCE: The American Stock Exchange
CONTACT: Lynn Duffy of American Stock Exchange, +1-212-306-1654,
Web site: http://www.amex.com/