NEW YORK, May 5 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Friday, May 6, 2005 on the New York Stock Exchange stock R&G Financial Corporation, Class B (Stock/Option Symbol: RGF).
R&G Financial Corporation options will open with position limits of 5,000,000 shares. The option will trade on a March expiration cycle. The specialist will be Jane Street Specialists, LLC. R&G Financial Corporation is the holding company for R&G Mortgage Corp., the Mortgage Store of Puerto Rico, Inc., which are mortgage bank companies, R-G Premier Bank of Puerto Rico, a commercial bank, and Continental Capital Corporation, a mortgage bank in New York.
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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/ .
Website: http://www.amex.com/