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Amex to Trade Options on iStar Financial Inc.

NEW YORK, May 18 /PRNewswire/ -- The American Stock Exchange® (Amex®) will launch trading in options on Monday, May 21, 2001 on the following New York Stock Exchange listed stock of iStar Financial Inc..

iStar Financial Inc. options will open with strike prices of 20 -- 22-1/2 -- 25 and position limits of 13,500 contracts. The options will trade on the January expiration cycle with initial expirations in June, July, October and January. The specialist will be Highland Securities Co.

iStar Financial Inc. provide structured financing to private and corporate owners of real estate, which includes senior and junior mortgage debt, corporate and mezzanine lending, and corporate net lease financing.

The American Stock Exchange® (Amex®), a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), is the only primary exchange that offers trading across a full range of equities, Exchange Traded Funds (ETFs), including structured products and HOLDRS(SM), and options. In addition to its role as a national equities market, the Amex is the leader in ETF listings, listing 99 ETFs to date, and is the second-largest options exchange in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, visit

SOURCE: The American Stock Exchange

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