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Article: American Stock Exchange To Trade Year 2000 Index
- Article from:
- PR Newswire
- Article date:
- March 13, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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de Jager Year 2000 Index Allows Investment Strategies for Year 2000 Problem;
Options to Begin Trading March 18
NEW YORK, March 13 /PRNewswire/ -- The American Stock Exchange today announced that on March 18 it will begin trading options on The de Jager Year 2000 Index(SM). This is the first index product that will enable investors to manage risk associated with the potential $1 trillion global computer problem linked to the year 2000.
According to industry experts, computer glitches resulting from misreadings of the date change to the year 2000 may wreak havoc on everything from bank deposits, to mortgage payments, to ...