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 www.amex.com.
Source: American Stock Exchange