Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

International Securities Exchange Trades 75-Millionth Contract

Date 09/01/2002

Yesterday, the ISE traded its 75-millionth contract since the launch of trading on May 26, 2000. This significant milestone comes on the heels of ISE completing an impressive first full calendar year of operation as the only fully electronic options market in the U.S.

The pace of expansion at the ISE is accelerating, as the industry continues to strongly support the unique market structure and trading system introduced just over a year-and-a-half ago. ISE traded its first 25 million contracts on its one-year anniversary, its 50-millionth contract four months later and has reached this new milestone in just three months.

David Krell, president and CEO of ISE, said, "The efficiencies, speed and level of competition introduced by ISE have been the primary elements fueling our acceptance and growth. We look forward to continued contributions to the options industry and the U.S. financial services sector."