American Stock Exchange to Trade Options on Montpelier Re Holdings Ltd.
September 21 2005 - 4:41PM
PR Newswire (US)
NEW YORK, Sept. 21 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Thursday, September 22,
2005 on the New York Stock Exchange listed stock of Montpelier Re
Holdings Ltd. (Symbol: MRH). Montpelier Re Holdings Ltd. will open
with position limits of 5,000,000 shares. The options will trade on
the January expiration cycle. The specialist will be AGS
Specialists, LLC. Montpelier Re Holdings Ltd. is the holding
company of Montpelier Reinsurance Ltd. The Company is a
Bermuda-based provider of reinsurance for the global insurance
market. Montpelier writes a diversified range of insurance and
reinsurance business with an initial emphasis on property exposed
business. 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: American Stock Exchange CONTACT:
Mary Chung, American Stock Exchange, +1-212-306-1641, Web site:
http://www.amex.com/
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