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Amex Trades Options on PowerShares Golden Dragon China Portfolio
& PowerShares High-Yield Equity Dividend Achievers Portfolio
NEW YORK, Dec. 27 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
launched trading in options on Thursday, December 23, on the underlying shares
of PowerShares Golden Dragon Halter USX China Portfolio (PGJ) and The
PowerShares High Yield Equity Dividend Achievers(TM) Portfolio (PEY)
PowerShares Golden Dragon Halter USX China Portfolio opened with strike prices
of 10-18 with one-point increments and position limits of 1,350,000 shares. The
options trade on the March expiration cycle with initial expirations in
January, February, March and June. The specialist is Kellogg Capital Group,
LLC. The PowerShares Golden Dragon Halter USX China Portfolio is an
exchange-traded fund that seeks investment results that correspond to the price
and yield of the Halter USX China Index. The Fund normally invests at least 80%
of its total assets in common stocks of companies deriving a majority of their
revenues from the People's Republic of China.
The PowerShares High Yield Equity Dividend Achievers(TM) Portfolio opened with
strike prices of 11-19 with one-point increments and position limits of
1,350,000 shares. The options traded on the March expiration cycle with initial
expirations in January, February, March and June. The specialist is LaBranche
Structured Products, LLC. PowerShares High Yield Equity Dividend Achievers(TM)
Portfolio is an exchange-traded fund that seeks investment results that
correspond generally to the price and yield of the Dividend Achievers 50 Index.
The Fund normally invests 80% of its total assets in common stocks of companies
that have a consistent record of dividend increases.
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 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: Dan Charnas of the American Stock Exchange, +1-212-306-1654,
Web site: http://www.amex.com/