American Stock Exchange to Trade Options on Freescale Semiconductor, Inc.
24 July 2004 - 5:04AM
PR Newswire (US)
American Stock Exchange to Trade Options on Freescale
Semiconductor, Inc. NEW YORK, July 23 /PRNewswire/ -- The American
Stock Exchange(R) (Amex(R)) will launch trading in options on
Monday, July 26, 2004 on the New York Stock Exchange listed stock
of Freescale Semiconductor, Inc. (NYSE:FSL). Freescale
Semiconductor, Inc. will open with strike prices of 12-1/2 - 15 -
17-1/2 and position limits of 3,150,000 shares. The options will
trade on the March expiration cycle with initial expirations in
August, September, December, and March. The specialist will be
SLK-Hull Derivatives, LLC. Freescale Semiconductor, Inc. provides
embedded processing and connectivity products to large, high-growth
markets. The Company also provides complementary devices that
provide connectivity between products, across networks and to
real-world signals, such as sound, vibrations and pressure. 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 138 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. DATASOURCE: The American Stock Exchange CONTACT: Lynn Duffy
of the American Stock Exchange, +1-212-306-1654, Web site:
http://www.amex.com/
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