Index Options on SPADE Defense Index Launched
April 26 2005 - 1:51PM
PR Newswire (US)
Index Options on SPADE Defense Index Launched NEW YORK, April 26
/PRNewswire/ -- Trading in options on the SPADE Defense Index
(AMEX:DXS) have begun on the American Stock Exchange(R). The SPADE
Defense Index (R) is a modified market capitalization weighted
index comprised of publicly traded companies that seeks to measure
the performance of securities in the defense, homeland security,
and space marketplace. At its most recent rebalancing, 57 firms
comprised the index including Boeing (BA), Lockheed Martin (LMT),
Northrop Grumman (NOC), Raytheon (RTN), General Dynamics (GD), and
L-3 Communications (LLL). The DXS Index is rebalanced quarterly
each March, June, September and December. The options will trade on
the February expiration cycle. The specialist will be Susquehanna
Investment Group. 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 155
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/. For more information on the SPADE Defense
Index, please visit http://www.spadeindex.com/ DATASOURCE: SPADE
Defense Index CONTACT: Scott Sacknoff, +1-202-349-3917, for SPADE
Defense Index Web site: http://www.spadeindex.com/
http://www.amex.com/
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