NEW YORK, July 27 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) launched trading in options on Thursday, July 26, 2007, on the following Amex- listed exchange traded fund:
-- Vanguard Europe Pacific ETF (Symbol:VEA)
Vanguard Europe Pacific ETF options opened with strike prices of (45 - 55 1 pt increments) and position limits of 2,500,000 shares. The options trade on the March expiration cycle. The specialist will be AGS/STR/OTA. The Fund seeks to provide a tax-efficient investment return consisting of long-term capital appreciation. The fund seeks to track the performance and yield of that MSCI EAFE Index.
About the American Stock Exchange
The American Stock Exchange(R) (Amex(R)) 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 336 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. For more information, please visit www.amex.com.
Source: The American Stock Exchange