PHLX TO BEGIN TRADING OPTIONS ON GENERAL INSTRUMENT CORP.
PHLX TO BEGIN TRADING OPTIONS ON GENERAL INSTRUMENT CORP. (GIC) PHILADELPHIA, Sept. 14 /PRNewswire/ -- The Philadelphia Stock Exchange (PHLX) announced today it will begin trading put and call options on General Instrument Corporation (NYSE: GIC) on Sept. 15, 1992. The following table lists the stock, symbol and specialist unit for the issue: STOCK SYMBOL SPECIALIST General Instrument Corp. GIC McGowan Investments, Inc. Options on General Instrument Corp. will trade on the March expiration cycle with position limits of 3,000 contracts, and guaranteed automatic execution (AUTO-X) of up to 20 contracts. The PHLX is the nation's oldest securities exchange and is a market leader in trading more than 2,200 stocks, and over 250 equity, index, and currency options. /delval/ -0- 9/14/92 /CONTACT: Lynda Lucker of the PHLX, 215-496-5200, or Ian Colley of The Weiser Walek Group, 212-684-4440, for the PHLX/ (GIC) CO: Philadelphia Stock Exchange; General Instrument Corporation ST: Pennsylvania IN: FIN SU:
MK-MJ -- PH026 -- 9248 09/14/92 15:23 EDT
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|Date:||Sep 14, 1992|
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