American Stock Exchange to Trade Options on Five Securities
29 Septembre 2005 - 9:36PM
PR Newswire (US)
NEW YORK, Sept. 29 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) will launch trading in options on Friday, September 30,
2005 on the New York Stock Exchange and the Nasdaq Stock Market
listed stocks of: * ADESA, Inc. (Symbol: KAR) * Bankrate, Inc.
(Stock Symbol: RATE/Option Symbol: QIB) * Cerus Corporation (Stock
Symbol: CERS/Option Symbol: QIJ) * InfoUSA, Inc. (Stock Symbol:
IUSA/Option Symbol: UHX) * Kerzner International Limited (Symbol:
KZL) ADESA, Inc. options will open with strike prices of 20 -
22-1/2 - 25 and position limits of 5,000,000 shares. The options
will trade on the February expiration cycle with initial
expirations in October, November, February and May. The specialist
will be Susquehanna Investment Group. ADESA, Inc. provides
wholesale vehicle auctions and related vehicle redistribution
services for the automotive industry in North America. The Company
also provides services such as inbound and outbound logistics,
reconditioning, vehicle inspection and certification, titling,
administrative and salvage recovery services. Bankrate, Inc.
options will open with strike prices of 22-1/2 - 25 - 30 and
position limits of 2,500,000 shares. The options will trade on the
February expiration cycle with initial expirations in October,
November, February and May. The specialist will be Group One
Trading LP. Bankrate, Inc. operates a financial services Web site.
The Company operates a portfolio of personal finance channels,
including banking, investing, taxes and small business finance.
Bankrate is an aggregator of financial products such as mortgages,
credit cards, new and used auto loans, money market accounts,
checking fees, home equity loans and online banking fees. Cerus
Corporation options will open with strike prices of 7-1/2 - 10 -
12-1/2 and position limits of 2,500,000 shares. The options will
trade on the February expiration cycle with initial expirations in
October, November, February and May. The specialist will be Jane
Street Specialists, LLC. Cerus Corporation develops systems
designed to enhance the safety of blood transfusions. The Company's
systems inactivate pathogens in blood components and inactive white
blood cells, which are responsible for a variety of adverse
transfusion reactions. Cerus' platform technologies prevent viral,
bacterial and cellular replication. InfoUSA, Inc. options will open
with strike prices of 7-1/2 - 10 - 12-1/2 and position limits of
5,000,000 shares. The options will trade on the February expiration
cycle with initial expirations in October, November, February and
May. The specialist will be LaBranche Structured Products, LLC.
infoUSA Inc. provides business and consumer information products,
database marketing services, data processing services and Internet
marketing solutions. The Company owns a proprietary database of
consumers and businesses. InfoUSA's customers use the products and
services for direct marketing, telemarketing, market planning, lead
generation, sales planning and customer analysis. Kerzner
International Limited options will open with strike prices of 50 -
55 - 60 and position limits of 5,000,000 shares. The options will
trade on the February expiration cycle with initial expirations in
October, November, February and May. The specialist will be
TANSTAAFL Research & Trading, LLC. Kerzner International
Limited develops and operates casinos, resorts and luxury resort
hotels. The Company's Atlantis is an ocean-themed casino resort
located on Paradise Island, The Bahamas. Kerzner developed the
Mohegan Sun casino in Connecticut, and manages luxury resort hotels
in Mauritius, the Maldives, Dubai, The Bahamas and Mexico under the
One&Only brand. For more information on any Amex-listed
company, please visit http://www.amex.com/. The American Stock
Exchange(R) (Amex(R)) is the only primary exchange that offers
trading across a full range of equities, options and exchange
traded funds (ETFs), including structured products and HOLDRS(SM).
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 168 ETFs. 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. For more
information, please visit http://www.amex.com/. DATASOURCE:
American Stock Exchange CONTACT: Mary Chung, American Stock
Exchange, +1-212-306-1641, Web site: http://www.amex.com/
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