American Stock Exchange News Release
www.amex.com |
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| Options Release |
| Media Contact: Catherine Chantharaj American Stock Exchange 212-306-1689 / catherine.chantharaj@amex.com |
AMERICAN STOCK EXCHANGE TO TRADE OPTIONS ON iSHARES LEHMAN MBS FIXED-RATE BOND FUND ETF | ||
New York, March 15, 2007— The American Stock Exchange® (Amex®) will launch trading in options on Friday, March 16, 2007 on the following Amex-listed exchange traded fund: • iShares Lehman MBS Fixed-Rate Bond Fund ETF (Symbol: MBB) iShares Lehman MBS Fixed-Rate Bond Fund ETF options will open with strike prices of 95-105 (1 pt increments) and position limits of 2,500,000 shares. The options will trade on the March expiration cycle. The specialist will be AGS/STR/OTA. The fund seeks investment results that correspond generally to the price and yield performance of the investment grade agency mortgage-backed securities sector of the United States as defined by the Lehman Brothers US MBS Fixed-Rate Index.
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About American Stock Exchange
The American Stock Exchange® (Amex®) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. 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 266 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.