Under the contract, ISE will list options on the Consumer Discretionary Select Sector SPDR Fund (XLY), Consumer Staples Select Sector SPDR Fund (XLP), Energy Select Sector SPDR Fund (XLE), Financial Select Sector SPDR Fund (XLF), Health Care Select Sector SPDR Fund (XLV), Industrial Select Sector SPDR Fund (XLI), Materials Select Sector SPDR Fund (XLB), Technology Select Sector SPDR Fund (XLK) and Utilities Select Sector SPDR Fund (XLU). On January 10, ISE listed for trading options on the Financial Select SPDR Fund (XLF), Technology Select Sector SPDR Fund (XLK) and Utilities Select Sector SPDR Fund (XLU).
"ISE is pleased to expand its association with Standard & Poor's. Options on Select Sector SPDR funds are a fine addition to ISE's product portfolio, and one that we expect will be well received by our members and investors," said Bruce D. Goldberg, ISE's Senior Vice President of Marketing.
Elliott Shurgin, Vice President, Standard & Poor's, said, "By authorizing the addition of these products to their extensive global options offerings, Standard & Poor's broadens its relationship with ISE. Select Sector SPDRs are among the largest and most actively traded ETFs in the world and Select Sector SPDR options offer investors efficient tools for sector portfolio management."
