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."