Instinet Group Incorporated options will open with strike prices of 17 ½ - 20 -22 ½ and position limits of 31,500 contracts. The options will trade on the February expiration cycle with initial expirations in June, July, August and November. The specialist will be announced at a later date.
Instinet Group Incorporated operates a global electronic brokerage market place. The Company offers equity trading, fixed income, research, clearing and settlement services.
The American Stock Exchange®, a subsidiary of the National Association of Securities Dealers, Inc. NASD®, is the only primary exchange that offers trading across a full range of equities, Exchange Traded Funds (ETFs), including structured products and HOLDRSsm, and options. In addition to its role as a national equities market, the Amex is the leader in ETF listings, listing 99 ETFs to date, and is the second-largest options exchange in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, visit www.amex.com.
