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American Stock Exchange to Trade Options on Eleven Securities
NEW YORK, June 30 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
will launch trading in options on Thursday, July 1, 2004 on the New York Stock
Exchange and Nasdaq Stock Market listed stocks of:
* Archer-Daniels-Midland Company (Symbol: ADM)
* Atrix Laboratories, Inc. (Option Symbol: OQF/Stock Symbol: ATRX)
* Boston Communications Group, Inc. (Option Symbol: QGB/Stock Symbol:
BCGI)
* Coinstar, Inc. (Option Symbol: QLR/Stock Symbol: CSTR)
* IMC Global Inc. (Symbol: IGL)
* International Steel Group, Inc. (Symbol: ISG)
* IPass Inc. (Option Symbol: QZQ/Stock Symbol: IPAS)
* The Meridian Resource Corporation (Symbol: TMR)
* Petroleo Brasileiro S.A., American Depositary Shares (Symbol: PBR)
* Pixelworks, Inc. (Option Symbol: PUO/Stock Symbol: PXLW)
* SouthTrust Corporation (Option Symbol: SHQ/Stock Symbol: SOTR)
Archer-Daniels-Midland Company options will open with position limits of
7,500,000 shares. The options will trade on the March expiration cycle. The
specialist will be Fogel Group, LLC. Archer-Daniels-Midland Company procures,
transports, stores, processes and merchandises agricultural commodities and
products.
Atrix Laboratories, Inc. options will open with position limits of 2,250,000
shares. The options will trade on the February expiration cycle. The
specialist will be Group One Trading, LLC. Atrix Laboratories, Inc. is an
emerging specialty pharmaceutical company with several patented technologies.
Boston Communications Group, Inc. options will open with position limits of
3,150,000 shares. The options will trade on the March expiration cycle. The
specialist will be Stuyvesant Trading Group. Boston Communications Group, Inc.
develops, markets and provides specialized roaming services, teleservices and
prepaid wireless services to the wireless telephone industry. Coinstar, Inc.
options will open with position limits of 2,250,000 shares. The options will
trade on the January expiration cycle. The specialist will be Stuyvesant
Trading Group. Coinstar, Inc. owns and operates a network of self-service
coin-counting machines in the U.S.
IMC Global Inc. options will open with position limits of 7,500,000 shares.
The options will trade on the March expiration cycle. The specialist will be
AGS Specialists, LLC. IMC Global Inc. produces and markets concentrated
phosphates and potash crop nutrients for the agricultural industry.
International Steel Group, Inc options will open with position limits of
3,150,000 shares. The options will trade on the March expiration cycle. The
specialist will be Stuyvesant Trading Group. International Steel Group, Inc.
produces steel products through locations in Cleveland, Ohio, East Chicago,
Indiana, as well as Hennepin, Illinois.
IPass Inc. options will open with position limits of 3,150,000 shares. The
options will trade on the March expiration cycle. The specialist will be
Stuyvesant Trading Group. iPass Inc., through its software-enabled virtual
network, provides secure access for mobile workers to corporate networks or the
Internet.
The Meridian Resource Corporation options will open with position limits of
7,500,000 shares. The options will trade on the January expiration cycle. The
specialist will be Group One Trading, L.P. The Meridian Resource Corporation
explores, acquires and develops oil and natural gas properties using three
dimensional seismic technology.
Petroleo Brasileiro S.A., American Depositary Shares options will open with
position limits of 7,500,000 shares. The options will trade on the January
expiration cycle. The specialist will be TD Options, LLC. Petroleo Brasileiro
S.A. -- Petrobras explores for and produces oil and natural gas. The Company
refines, markets and supplies oil products. Petrobras operates oil tankers,
distribution pipelines, marine, river and lake terminals, thermal poer plants,
fertilizer plants and petrochemical units.
Pixelworks, Inc. options will open with position limits of 7,500,000 shares.
The options will trade on the January expiration cycle. The specialist will be
TANSTAAFL Research & Trading, LLC. Pixelworks, Inc. designs and develops
system-on-a-chip solutions. The Company's solutions enable the visual display
of broadband content through a variety of electronic devices.
SouthTrust Corporation options will open with position limits of 7,500,000
shares. The options will trade on the March expiration cycle. The specialist
will be LaBranche Structured Products, LLC. SouthTrust Corporation is a bank
holding company for SouthTrust Bank. The Bank offers a full range of banking
services and other services such as trust, mortgage banking, leasing and
brokerage services.
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: Media - Lynn Duffy of the American Stock Exchange,
+1-212-306-1654,
Web site: http://www.amex.com/