The BSE will trade the following seven New York Stock Exchange (NYSE) issues and six American Stock Exchange (AMEX) issues in this first phase of the decimal switch:
NYSE Issues
Anadarko Petroleum Corporation (APC), FedEx Corporation (FDX), Forrest City Enterprises, Inc. Class A (FCE.A), Forrest City Enterprises, Inc. Class B (FCE.B), Gateway, Inc. (GTW), Hughes Supply, Inc. (HUG) and MSC Software Corporation (MNS).
AMEX Issues
eMagin Corporation (EMA), Global Light Telecommunications, Inc. (GBT), Media General, Inc. (MEG.A) ON2.com, Inc. (ONT), Pschemedics Corporation (PMD) and Regal Beloit Corporation (RBC).
The second phase of the securities industry decimalization plan is scheduled to begin on Monday, September 25th when the BSE and other participating market centers will trade an additional 50-100 securities in decimals. All U.S. listed stocks and options are expected to convert to decimal pricing by April of 2001.
A BSE spokesperson will be available on Monday, August 28th after the 4:00 p.m. market close, along with a market analyst from Adams, Harkness & Hill, to answer questions about decimalization. To schedule an onsite interview, call Josephine Finn at #235-2057.