SOURCE: Archipelago Exchange

November 01, 2005 12:27 ET

Pacific Exchange to Trade Two New Options

SAN FRANCISCO, CA -- (MARKET WIRE) -- November 1, 2005 -- The Pacific Exchange, Inc. ("PCX") announced that at the opening of business on Tuesday, November 1, 2005, it will commence trading options on the following equity securities: Novavax, Inc. (PCX: NVAX); Yamana Gold, Inc. (PCX: AUY).

Novavax options will trade on the January expiration cycle with exercise limits set at 25,000,000 shares. The issue will be traded by lead market makers Steven D. Juno and Ethan Dorr of Cutler Group, LP.

Yamana Gold options will trade on the January expiration cycle with exercise limits set at 7,500,000 shares. The issue will be traded by lead market makers Steven D. Juno and Ethan Dorr of Cutler Group, LP.

Forward-Looking Statements

Certain statements in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on Archipelago's current expectations and involve risks and uncertainties that could cause Archipelago's actual results to differ materially from those set forth in the statements. There can be no assurance that such expectations will prove to be correct. Factors that could cause Archipelago's results to differ materially from current expectations include: general economic and business conditions, industry trends, competitive conditions, regulatory developments as well as other risks or factors identified in the Company's filings with the Securities Exchange Commission, including its Report on Form 10-K for the fiscal year ending December 31, 2004 which is available on the Company's website at http://www.archipelago.com. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release. Except for any obligation to disclose material information under the Federal securities laws, Archipelago undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date of this press release.

Contact Information

  • For more information contact
    Todd Swearingen
    (312) 442-7747
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