American Stock Exchange to Trade Options on iShares FTSE/Xinhua China 25 ETF
02 June 2007 - 7:42AM
PR Newswire (US)
NEW YORK, June 1 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Monday, June 4, 2007 on
the following NYSE- listed exchange traded fund: * iShares
FTSE/Xinhua China 25 ETF (Symbol: FXI) iShares FTSE/Xinhua China 25
ETF options will open with position limits of 25,000,000 shares.
The options will trade on the February expiration cycle. The
specialist will be Bluefin Specialist, LLC. iShares FTSE/Xinhua
China 25 is an exchange traded fund incorporated in the USA. The
Fund seeks investment results that correspond to the price and
yield performance of the FTSE/Xinhua China 25 Index. The Fund
invests 90% of its assets in the underlying index, which represents
the performance of the largest companies in the China equity
market. 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 314 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,
or Web site: http://www.amex.com/
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