Done-Away' Order Management Launches In PrecISE Trade® - Members Can Now Consolidate All Order Management In PrecISE

The International Securities Exchange Holdings, Inc. (ISE Holdings) today announced the launch of 'done-away' order management in PrecISE Trade®, ISE and ISE Gemini's front-end order and execution management system. 'Done-away' order management provides ISE and ISE Gemini members with fully consolidated order and execution management, regardless of execution method or destination. This enhancement is the latest addition to PrecISE Trade's suite of OMS features, which are available to all PrecISE users at no additional cost. 

"Over the past year, we have worked to expand PrecISE from a leading execution management tool to a comprehensive order management system," said Jeanine Hightower, Business Development Officer. "The new 'done-away' feature enhances PrecISE's OMS capabilities and offers consolidated order management in a single, user-friendly and cost-efficient platform."

The new 'done-away' functionality is the latest in a series of recent enhancements to PrecISE including:

• Parent/Child Orders: PrecISE allows staging of larger orders with the ability to divide a single order into smaller orders (parent/child) for more controlled order management and execution.  PrecISE users also have the ability to alter the Parent order of an open Parent/Child order.
  
  
• PrecISE to PrecISE Order Routing: Traders benefit from order management features such as the ability to route orders from PrecISE user to PrecISE user for execution. Trades are then automatically reported back to the originating PrecISE user.
  
  
• Quick Alterations:  Modify order price and quantity via quick alteration window directly in the 'Order Status' window for increased efficiency.
  
  
• Order Ticket Enhancement: The order ticket will now retain order details and remain open if an order is rejected.  This allows the user to quickly resend rather than creating a new order.

'Done-away' order management is available in PrecISE Trade 5. If you are interested in becoming a PrecISE subscriber or would like to demo the platform, please contact bizdev@ise.com.  

To learn more about ISE, ISE Gemini, or PrecISE Trade, visit www.ise.com/options.