NYSE Euronext is pleased to announce the listing of options contracts on LinkedIn Corporation (NYSE: LNKD) on its two distinct options exchanges, NYSE Arca and NYSE Amex options. The Options Clearing Corporation (OCC) has designated NYSE Amex Options as the primary market for all LNKD options. Trading will begin Friday, May 27, 2011.
NYSE Amex Options has designated Integral Derivatives as the Specialist and Citadel Securities as the e-Specialist for LNKD options while NYSE Arca Options has assigned Timber Hill as the Lead Market Maker.
Additionally, NYSE Arca Options has designated LNKD to be in the Additional Expiration Months Pilot Program, providing a broader spectrum of contract dates to manage investment risk. Options on LNKD will trade on the February cycle with the initial months being June, July, August, September and November 2011, and February 2012. Initial strike prices will range from 50 to 140.
NYSE Euronext offers customers two unique platforms to trade U.S. options with reliability, transparency and efficiency: NYSE Arca and NYSE Amex options. Together, these options exchanges present a compelling dual market structure with the choice of price-time priority on NYSE Arca Options or the traditional market-maker model and expanded array of services of NYSE Amex Options.