Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

American Stock Exchange To Trade Options Based On The Amex China Index

Date 05/05/2004

The American Stock Exchange (Amex) today announced it will launch trading in options based on The Amex China Index. Trading will commence in put and call options on The Amex China Index on Thursday, May 6 under the ticker symbol CZH. The specialist in the options will be Tanstaafl Research & Trading, LLC.

The Amex China Index options will open with strike prices of 80 - 85 - 90 - 95 - 100 and position limits of 25,000 contracts. The options will trade on the March expiration cycle, with initial expirations in June, July, September and December.

The Amex China Index is a modified equal dollar weighted index comprised of selected publicly traded U.S.-listed stock and American Depository Receipts (ADRs) of companies with significant exposure to the Chinese economy.