The American Stock Exchange has begun trading Merrill Lynch’s Accelerated Return Notes Linked to the Nikkei 225 Index. Priced at USD10.00 with an initial offer size of 16,200,000 shares, the equity trades under the ticker symbol NKV and has a maturity date of 7 January 2008.
The notes are issued by Merrill Lynch. The Amex specialist unit is LaBranche Structured Products, LLC.