ISE Allocates NDX And MNX Index Options

The International Securities Exchange (ISE) said that it has allocated options on Nasdaq-100 (NDX) and Mini Nasdaq-100 (MNX) indexes.

• Options on NDX were allocated to Citadel Derivatives Group LLC and will trade in bin 8.
• Options on MNX were allocated to Knight Financial Products LLC and will trade in bin 1.

ISE expects to initiate trading in NDX and MNX index options in February 2005, pending Securities and Exchange Commission (SEC) approval. At that time, additional information, including position and exercise limits, will be released.