Printer Friendly

AMEX BEGINS TRADING OPTIONS ON POLICY MANAGEMENT SYSTEMS

 NEW YORK, April 12 /PRNewswire/ -- The American Stock Exchange today opened put and call options trading on the listed stock of Policy Management Systems Corporation (ticker symbol: PMS).
 A leading insurance software supplier, Policy Management Systems of Blythewood, S.C., offers more than 100 major products and services that automate virtually every insurance processing function.
 PMS opened with strike prices of 45, 50 and 55 and position limits of 3,000 contracts. Initial expiration months are May, June, August and November of 1993. AGS Specialist Partners is the specialist unit for the new options.
 The Amex trades a total of 316 stock options, including 84 options on over-the-counter stocks, as well as 42 LEAPS(TM) (Long-term Equity AnticiPation Securities). In addition, options are traded on six broad- market indexes-- the Major Market Index (XMI), the XMI LEAPS(TM) Index (XLT), the S&P MidCap 400 Index (MID), the Institutional Index (XII), the Japan Index (JPN) and the EUROTOP 100 Index (EUR) -- as well as four industry based indexes -- the Oil Index (XOI), the Computer Technology Index (XCI), the Pharmaceutical Index (DRG) and The Biotechnology Index (BTK).
 -0- 4/12/93
 /CONTACT: Kathleen Fitzpatrick, manager, derivative securities communications of American Stock Exchange, 212-306-1697/
 (PMS)


CO: Policy Management Systems Corporation ST: South Carolina IN: CPR SU:

SM -- NY036 -- 0495 04/12/93 11:09 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 12, 1993
Words:223
Previous Article:BACK BY UNPOPULAR DEMAND -- APRIL 15TH
Next Article:IBM AND ENABLING TECHNOLOGIES GROUP TO MIGRATE APOLLO DOMAIN/OS CUSTOMERS TO OPEN SYSTEMS ENVIRONMENTS
Topics:


Related Articles
AMEX TO LIST OPTIONS ON SYSTEMSOFT CORPORATION AND PRIME MEDICAL SERVICES, INC.
AMEX To Trade Three New Options Tomorrow
AMEX To Trade Two New Options On Wednesday, October 2
AMEX to List Three More Options Next Week
Amex to Trade Options on American Software and Eastern Environmental Services
Amex To Trade Options on Coho Energy and Object Design
Amex to Trade Options on Exodus Communications
Amex to List Options on Software AG Systems, Inc.
Amex to Trade Three New Options.
Amex to Trade Options on Vignette Corporation.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters