American Stock Exchange to Trade Options on Three Additional Securities
March 11 2004 - 3:18PM
PR Newswire (US)
American Stock Exchange to Trade Options on Three Additional
Securities NEW YORK, March 11 /PRNewswire/ -- The American Stock
Exchange(R) (Amex(R)) will launch trading in options on Friday,
March 12, 2004 on the following Nasdaq Stock Market and NewYork
Stock Exchange listed stocks of: * Allegheny Technologies, Inc.
(NYSE:ATI) * Assurant, Inc (NYSE:AIZ) * REMEC, Inc. (Option Symbol:
RKQ/ Nasdaq: REMC) Allegheny Technologies, Inc. options will open
with position limits of 3,150,000 shares. The options will trade on
the January expiration cycle. The specialist will be Susquehanna
Investment Group. Allegheny Technologies, Inc. produces specialty
materials. The Company's products include stainless steel, nickel-
and cobalt-based alloys and superalloys, zirconium and related
alloys, and tungsten-based specialty materials. Assurant, 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 AGS Specialists LLC. Assurant, Inc. provides specialized
insurance and insurance-related products. REMEC, 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, L.P. REMEC, Inc. designs and manufactures
microwave multi-function modules (MFM) and subsystems for wireless,
microwave, broadband and satellite communication systems. 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: American Stock Exchange CONTACT: Lynn Teresky
of American Stock Exchange, +1-212-306-1654, Web site:
http://www.amex.com/
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