American Stock Exchange to Trade Options on RAIT Financial Trust and Time Warner Cable Inc.
06 Marzo 2007 - 9:44PM
PR Newswire (US)
NEW YORK, March 6 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Wednesday March 7,
2006, on the following New York Stock Exchange listed stocks of: *
RAIT Financial Trust (Symbol: RAS) * Time Warner Cable Inc.
(Symbol: TWC) RAIT Financial Trust options will open with strike
prices of 25 - 30 - 35 and position limits of 7,500,000 shares. The
options will trade on the January expiration cycle. The specialist
will be Group One Trading LP. RAIT Financial Trust is an internally
managed real estate investment trust. The Trust originates secured
and unsecured credit facilities including bridge and mezzanine
loans, preferred equity investments, trust preferred securities and
subordinated debt for private and corporate owners of commercial
real estate, REITs and real estate operating companies and their
intermediaries. Time Warner Cable Inc. options will open with
strike prices of 30 - 35 - 40 and position limits of 5,000,000
shares. The options will trade on the January expiration cycle. The
specialist will be AGS Specialist, LLC. Time Warner Cable Inc.
offers cable television subscription services. The Company also
offers Internet access and voice over Internet protocol telephone
services. 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 265 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, American Stock Exchange, +1-212-306-1689, Web
site: http://www.amex.com/
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