American Stock Exchange Trades Options on iShares GSCI Commodity-Indexed Trust ETF
09 Maggio 2007 - 8:05PM
PR Newswire (US)
NEW YORK, May 9 /PRNewswire/ -- Today the American Stock
Exchange(R) (Amex(R)) launched trading in options on the following
Amex-listed exchange traded fund: -- iShares GSCI Commodity-Indexed
Trust (GSG) iShares GSCI Commodity-Indexed Trust options will open
with strike prices of 30-50 (1 pt increments) and position limits
of 2,500,000 shares. The options will trade on the January
expiration cycle. The specialist will be Susquehanna Investment
Group. The investment objective of the Trust is to seek investment
results, through the Trust's investment in the investing pool, that
correspond generally, but are not necessarily identical, to the
performance of the Index, before the payment of expenses and
liabilities of the Trust and the investing pool. The investing pool
will hold long positions in CERFs, which are futures contracts
listed on the CME that have a term of approximately five years
after listing and whose settlement at expiration is based on the
value of the GSCI(R) Excess Return Index, or GSCI-ER, at that time.
The investing pool will also earn interest on the assets used to
collateralize its holdings of CERFs. About the American Stock
Exchange The American Stock Exchange(R) (Amex(R)) 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 291 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. For more
information, please visit http://www.amex.com/. DATASOURCE:
American Stock Exchange CONTACT: Catherine Chantharaj, of American
Stock Exchange, +1-212-306- 1689, Web site: http://www.amex.com/
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