American Stock Exchange Will Launch Options Trading in Commercial Metals Company
January 07 2005 - 4:22PM
PR Newswire (US)
American Stock Exchange Will Launch Options Trading in Commercial
Metals Company NEW YORK, Jan. 7 /PRNewswire-FirstCall/ -- The
American Stock Exchange(R) (Amex(R)) announced today that it will
launch trading in options on the New York Stock Exchange listed
stock of Commercial Metals Company (Symbol: CMC) on Monday, January
10, 2005. Commercial Metals Company options will open with position
limits of 2.25 million shares. The options will trade on the March
expiration cycle. The specialist will be TANSTAAFL Research &
Trading, LLC. Commercial Metals Company and its subsidiaries
manufacture, recycle and market steel and metal products and
related materials. The Company markets and trades primary and
secondary metals, steel, ores, concentrates, industrial minerals,
ferroalloys, chemicals and other materials used in a variety of
industries. 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. 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: American Stock Exchange CONTACT:
Dan Charnas, American Stock Exchange, +1-212-306-1654, Web site:
http://www.amex.com/
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