American Stock Exchange Launches Remote Options Market-Making Program - Three Of Wall Street's Largest Options Players To Participate In Program

The American Stock Exchange (Amex) announced today that it has launched its remote options market-making program. The Amex has selected three major Wall Street firms as Supplemental Registered Options Traders (SROTs) to participate in the program. The firms are: Citadel Derivatives Group, SLK-Hull Derivatives LLC, and Timber Hill/Interactive Brokers.

"We are proud to have such high-caliber names in the industry join the Amex's remote options market-making program. These options players are among the biggest and best in the industry and we are excited to have them on board," said Michael T. Bickford, Senior Vice President of Options. "The launch of the SROT program along with the improvements we have made to our technology platform will make the Amex a vibrant and even more competitive marketplace."

The firms have agreed to make two-sided markets for as many as 400 options products remotely.

About American Stock Exchange
The American Stock Exchange® (Amex®) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 167 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.