Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

ISE Appoints Director Of Corporate Communications

Date 29/10/2002

ISE said today that Steven M. Sears has been appointed Director of Corporate Communications, effective immediately. Mr. Sears will continue to serve as ISE's Director of Special Projects, managing the Exchange's strategic and comparative analysis operations. He also shares responsibility for ISE's Washington lobbying efforts.

"Steve has participated in, and reported upon, some of the most significant developments in the history of the options market. His dual appointments and responsibilities at ISE recognize that experience, and I have no doubt that he will be a tremendous resource for reporters covering ISE, the options market and Wall Street. Few people who are tasked to deal with media also have operational roles within their companies, but Steve does, and I think that will make him invaluable to reporters," said Bruce Goldberg, ISE's Senior Vice President of Marketing and Business Development.

Prior to ISE, Mr. Sears was Senior Advisor to the Chairman of the Philadelphia Stock Exchange. Before PHLX, Mr. Sears pioneered coverage of the options markets for Dow Jones Newswires and The Wall Street Journal. He created the "Options Report" column which for the first time provided daily coverage and analysis of options trading. His reporting on exchange listing practices preceded Department of Justice and Securities and Exchange Commission investigations that led to the multiple-listing of options classes and also caused dramatic changes in the options markets' regulatory structure.