American Stock Exchange to Trade Options on NICE-Systems Ltd and Universal Corporation
September 16 2005 - 3:36PM
PR Newswire (US)
NEW YORK, Sept. 16 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Monday, September 19,
1005 on the Nasdaq Stock Market and New York Stock Exchange listed
stocks of NICE-Systems Ltd, American Depositary Shares (Option
Symbol: EQJ/ Stock Symbol: NICE) and Universal Corporation (Symbol:
UVV). NICE-Systems Ltd, American Depositary Shares options will
open with strike prices of 40 - 45 - 50 and position limits of
5,000,000 shares. The options will trade on the February expiration
cycle with initial expirations in October, November, February and
May. The specialist will be TANSTAAFL Research & Trading, LLC.
NICE-Systems Ltd. offers multimedia digital recording solutions for
professional uses. The Company's products digitally record
telephone calls and allow users to search for and retrieve them.
NICE's products are used in contact centers, financial
institutions, air traffic control sites and government markets.
Universal Corporation options will open with strike prices of 35 -
40 - 45 and position limits of 2,500,000 shares. The options will
trade on the February expiration cycle with initial expirations in
October, November, February and May. The specialist will be Jane
Street Specialists, LLC. Universal Corporation is an independent
leaf tobacco merchant. The Company has additional operations in
agri-products and the distribution of lumber and building products.
Universal sells primarily flue-cured and burley tobaccos to
manufacturers located throughout the world. For more information on
any Amex-listed company, please visit http://www.amex.com/. 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 168 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: The American Stock Exchange CONTACT: Mary Chung of the
American Stock Exchange, +1-212-306-1641, Web site:
http://www.amex.com/
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