NEW YORK, July 27 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Monday, July 30, 2007 on the following Amex- listed exchange traded fund:
-- SPRD S&P BRIC 40 ETF (Symbol: BIK)
SPDR S&P BRIC 40 ETF options will open with strike prices of (21 - 31 1 pt increments) and position limits of 2,500,000 shares. The options will trade on the March expiration cycle. The specialist will be Susquehanna Investment Group. The Fund seeks to replicate as closely as possible the total return performance of the Standard & Poor's BRIC 40 Index, which tracks companies domiciled in the emerging markets of Brazil, Russia, India and China.
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 336 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/.
