ISE Begins Publishing Monthly Quality Of Execution Reports

The International Securities Exchange (ISE) today announced that it is now publishing monthly execution quality reports that follow the guidelines set forth by The Securities Industry and Financial Markets Association (SIFMA). Developed by SIFMA's Equity Options Trading Committee in close cooperation with the U.S. options exchanges, the voluntary program provides a uniform structure for market quality and best execution metrics in the options industry.

"We are pleased to participate in this program and to increase transparency into the quality of our options market with these timely and reliable reports," said Boris Ilyevsky, managing director of ISE's options exchange.

The reports, which are generated internally according to the reporting guidelines published by SIFMA, disclose key execution metrics for the exchange by order size and underlying security. Statistics include the number of trades and contracts executed at the National Best Bid Offer (NBBO) and price improvement.

ISE publishes its quality of execution reports to its website on a monthly basis. To view the reports, please visit www.ise.com/executionquality.