American Stock Exchange to Trade Options on Three Securities
31 Agosto 2006 - 3:21PM
PR Newswire (US)
NEW YORK, Aug. 31 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Friday September 1,
2006 on the following Nasdaq Stock Market and New York Stock
Exchange listed stocks of: * Hoku Scientific, Inc. (Options Symbol:
HQF/Stock Symbol: HOKU) * LJ International Inc. (Option Symbol:
UOD/Stock Symbol: JADE) * Meadowbrook Insurance Group, Inc.
(Symbol: MIG) Hoku Scientific, Inc. options will open with position
limits of 5,000,000 shares. The options will trade on the January
expiration cycle. The specialist will be Jane Street Specialist
LLC. Hoku Scientific, Inc. designs, develops and manufactures
membrane electrode assemblies, or MEAs, and non-fluorinated
membranes for proton exchange membrane, or PEM, fuel cells. LJ
International Inc. options will open with strike prices of 2 1/2 -
5 - 7 and position limits of 5,000,000, shares. The options will
trade on the January expiration cycle. The specialist will be Jane
Street Specialists, LLC. LJ International Inc. designs and markets
semi-precious gemstones. The Company also manufactures gold,
platinum and silver jewelry products such as rings, necklaces,
bracelets, pendants and complete jewelry sets. Meadowbrook
Insurance Group, Inc. options will open with strike prices of 7 1/2
- 10 - 12 1/2 and position limits of 5,000,000 shares. The options
will trade on the January expiration cycle. The specialist will be
Susquehanna Investment Group. Meadowbrook Insurance Group, Inc.
provides alternative risk management programs and services. These
include reinsurance brokering, risk management consulting, claims
handling and administrative services, along with various types of
property and casualty insurance coverage. 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 190 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: Bari Trontz, American Stock
Exchange, +1-212-306-8964, Web site: http://www.amex.com/
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