The Philadelphia Stock Exchange (PHLX) announced today that it will begin to trade twenty new options on May 2, 2008. The following seven options were allocated to LaBranche Structured Products LLC:
Signature Bank (option/stock symbol: SBNY) will trade on the March
expiration cycle with initial expiration months of May, June, September
and December. Position and exercise limits have been set at 7,500,000
shares.
Umpqua Holdings Corp. (option/stock symbol: UMPQ) will trade on
the March expiration cycle with initial expiration months of May,
June, September and December. Position and exercise limits have
been set at 20,000,000 shares.
Sterling Banshares, Inc. (option/stock symbol: SBIB) will trade
on the March expiration cycle with initial expiration months of
May, June, September and December. Position and exercise limits
have been set at 25,000,000 shares.
Prosperity Bancshares Inc. (option/stock symbol: PRSP) will trade
on the March expiration cycle with initial expiration months of
May, June, September and December. Position and exercise limits
have been set at 7,500,000 shares.
Pacific Capital Bancorp (option/stock symbol: PCBC) will trade on
the March expiration cycle with initial expiration months of May,
June, September and December. Position and exercise limits have
been set at 7,500,000 shares.
Greenhill & Co. Inc. (option/stock symbol: GHL will trade on
the March expiration cycle with initial expiration months of May,
June, September and December. Position and exercise limits have
been set at 7,500,000 shares.
CVB Financial Corp. (option/stock symbol: CVBF) will trade on the
March expiration cycle with initial expiration months of May, June,
September and December. Position and exercise limits have been set
at 7,500,000 shares.
The following twelve options were allocated to Citadel Derivatives
Group LLC:
Comverge, Inc. (option/stock symbol: COMV) will trade on the March
expiration cycle with initial expiration months of May, June, September
and December. Position and exercise limits have been set at 5,000,000
shares.
Akeena Solar Inc. (option/stock symbol: AKNS) will trade on the
February expiration cycle with initial expiration months of May,
June, August and November. Position and exercise limits have been
set at 25,000,000 shares.
Longtop Financial Technologies (option/stock symbol: LFT) will trade
on the March expiration cycle with initial expiration months of
May, June, September and December. Position and exercise limits
have been set at 5,000,000 shares.
Intrepid Potash Inc. (option/stock symbol: IPI) will trade on the
March expiration cycle with initial expiration months of May, June,
September and December. Position and exercise limits have been set
at 7,500,000 shares.
Denison Mines Corp. (option/stock symbol: DNN) will trade on the
January expiration cycle with initial expiration months of May,
June, July and October. Position and exercise limits have been set
at 7,500,000 shares.
Currency SH Euro Trust (option/stock symbol: FXE) will trade on
the March expiration cycle with initial expiration months of May,
June, September, December and January. Position and exercise limits
have been set at 5,000,000 shares.
Currency SH British PD ST Trust. (option/stock symbol: FXB) will
trade on the March expiration cycle with initial expiration months
of May, June, September and December. Position and exercise limits
have been set at 2,500,000 shares.
Triarc Companies Inc. (option/stock symbol: TRY) will trade on the
February expiration cycle with initial expiration months of May,
June, August and November. Position and exercise limits have been
set at 25,000 shares.
Agfeed Industries, Inc. (option/stock symbol: FEED) will trade on
the February expiration cycle with initial expiration months of
May, June, August and November. Position and exercise limits have
been set at 25,000 shares.
Visionchina Media Inc. (option/stock symbol: VISN) will trade on
the January expiration cycle with initial expiration months of May,
June, July and October. Position and exercise limits have been set
at 5,000,000 shares.
Sims Metal Management, Limited (option/stock symbol: SMS) will trade
on the March expiration cycle with initial expiration months of
May, June, September and December. Position and exercise limits
have been set at 15,375,000 shares.
Minefinders Corp. LTD (option/stock symbol: MFN) will trade on the
February expiration cycle with initial expiration months of May,
June, August and November. Position and exercise limits have been
set at 5,000,000 shares.
The final option was allocated to Timber Hill LLC:
CTC Media, Inc. (option/stock symbol: CTCM) will trade on the February
expiration cycle with initial expiration months of May, June, August
and November. Position and exercise limits have been set at 7,500,000
shares.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades over 7,000 stocks, 2,640 equity options, 16 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.
