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AMEX, CBOE TO LAUNCH TRADING OF SUPERUNITS, SUPERSHARES TOMORROW

 AMEX, CBOE TO LAUNCH TRADING OF SUPERUNITS, SUPERSHARES TOMORROW
 The American Stock Exchange (Amex) and the Chicago Board Options Exchange (CBOE) on Friday, Nov. 6, will begin trading SuperUnits and SuperShares, respectively. First day trading will begin at 11 a.m. Eastern Standard Time/10 a.m. Central Standard Time.
 Two SuperUnits will trade on the Amex: Index SuperUnits (ticker symbol: ZIU) and Money Market SuperUnits (ZMU). Four SuperShares will trade on the CBOE: Priority SuperShares (ZIS); Appreciation SuperShares (ZAS); Protection SuperShares (ZPS), and Income and Residual SuperShares (ZYS). All six securities will terminate in three years.
 SuperUnits are interests in the SuperTrust, an "open end" unit investment trust established by SuperShare Services Corporation as sponsor. SuperUnits can be separated by the investor into two component SuperShares.
 SSC Distribution Services, the distributor and dealer manager, announced on Oct. 30, 1992, that conditions had been met for initial issuance of the securities. These include receipt of subscription agreements for an aggregate investment of at least $1 billion in the Index Trust and the U.S. Treasury Money Market Trust together from at least 400 investors in each trust.
 The specialist unit at the Amex for SuperUnits is SLK Index Specialists, and the Designated Primary Market Maker at CBOE for SuperShares is Tower Trading. Regular trading hours will be 9:30 a.m. to 4:15 p.m. EST and 8:30 a.m. to 3:15 p.m. CDT.
 NOTE TO REPORTERS AND PHOTO EDITORS: Each exchange will have a special opening day bell ringing ceremony, and representatives from SSC Distribution Services, Inc., will be available for interviews.
 For opening day information, contact:
 Amex (opening 11 a.m. EST) CBOE (opening 10 a.m. CDT)
 Shelly Wolfe Bonnie Greenberg
 212-306-1641 312-786-7393
 CONTACT: Shelly Wolfe of Amex, 212-306-1641, or John O'Brien of SSC Distribution Services, 800-328-7408.
 -0- 11/5/92


CO: American Stock Exchange; Chicago Board Options Exchange ST: New York, Illinois IN: FIN SU:

PS -- NY076 -- 3078 11/05/92 11:59 EST
COPYRIGHT 1992 PR Newswire Association LLC
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 5, 1992
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