American Stock Exchange to Trade Options on Piper Jaffray Companies
January 02 2004 - 2:07PM
PR Newswire (US)
American Stock Exchange to Trade Options on Piper Jaffray Companies
NEW YORK, Jan. 2 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Monday, January 5, 2004
on the New York Stock Exchange listed stock of Piper Jaffray
Companies (Symbol: PJC). Piper Jaffray Companies options will open
with strike prices of 40 - 45 - 50 and position limits of 13,500
contracts. The options will trade on the March expiration cycle
with initial expirations in January, February, March and June. The
specialist will be Highland Securities Corp. Piper Jaffray is a
client-focused securities firm dedicated to delivering superior
financial advice, investment products and transaction execution
within selected middle-market sectors of the financial services
marketplace. 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 126 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 Teresky of the American Stock Exchange,
+1-212-306-1654, Web site: http://www.amex.com/
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