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The American Stock Exchange® (Amex®)To Convert 14 Options With Underlying NASDAQ Securities To Decimals

Date 09/03/2001

The American Stock Exchange® (Amex®) today announced that it would convert 14 options on corresponding Nasdaq securities to decimals on Monday, March 12. The 14 are part of the initial phase of Nasdaq’s conversion to decimals pricing, which begins on Monday.

The following option classes will converted to decimal pricing:

  • Brocade Communications Systems, Inc. ( UBF)
  • Commerce One, Inc. ( RUC and PND)
  • Copper Mountain Networks (KUA)
  • Cree, Inc. ( CQR)
  • Extreme Networks, Inc. (EUT)
  • Inktomi Corporation (QYK)
  • Integrated Device Technology, Inc. (ITQ)
  • Micromuse, Inc. (QUM)
  • Newport Corporation (NOQ)
  • OpenWave Systems, Inc. (UMN and BGX)
  • Rambus, Inc. (BNQ)
  • Redback Networks, Inc. (BUK)
  • Research In Motion, Ltd. (RUL)
  • VerticalNet, Inc. (UER)
The Amex has previously completed converting all Amex-listed securities to decimals, along with corresponding options on all Amex and NYSE underlying securities.

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, Index SharesSM, including structured products and HOLDRSSM, and options. In addition to its role as a national equities market, the Amex is the leader in Index Share listings (DIAMONDS®, FORTUNE 500® Index Tracking Stock, FORTUNE e-50TM Index Tracking Stock, iSharesSM, MidCap SPDRs™, Nasdaq-100 Index Tracking StockSM, Select Sector SPDRs®, and SPDRs® and streetTRACKSSM) 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.