NEW YORK, Oct. 5 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) launched trading in options on Thursday, October 4, 2007, on the following Amex-listed exchange traded fund:
-- Market Vectors-Agribusiness ETF (Symbol: MOO)
Market Vectors-Agribusiness ETF options will open with strike prices of 40-50 (1 pt increments) and position limits of 2,500,000 shares. The options will trade on the February expiration cycle. The specialist will be Susquehanna Investment Group. The investment objective of MOO is to replicate as closely as possible, before fees and expenses, the price and yield performance of the DAXglobal(R) Agribusiness Index (DXAG), a basket of the securities of 40 agribusinesses listed on global exchanges.
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 345 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/.
