February 11, 1999 13:06
Pacific Exchange to Trade Options on Broadcast.com Inc.
SAN FRANCISCO, Feb. 11 /PRNewswire/ -- The Pacific Exchange (PCX) will begin trading options on broadcast.com inc. (Nasdaq: BCST; PCX: QBC) on Friday, February 12, 1999.
Strike prices of 45, 50, 55, 60, 65, and 70 will be available for the months of March, April, July, and October. Position and exercise limits have been set at 31,500 contracts.
QBC options have been allocated to lead market maker David Eglit of GPZ Trading, L.L.C., who assures that the disseminated market quote is firm for 20 contracts.
For more information about the Pacific Exchange, visit the PCX Web site at www.pacificex.com.
SOURCE Pacific Exchange
/CONTACT: Morrison Shafroth of the Pacific Exchange, 415-393-4216/
/Web site: pacificex.com
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