On a year-to-date basis, average daily volume increased 18.3% to 1.6 million contracts traded as compared to 1.4 million contracts traded in the prior year. Total equity options volume increased 19.1% to 276.9 million contracts versus 232.6 million contracts in the same period last year.
Equity Options Volume Statistics
| Current Month | Year-to-Date | |||||
| (000s) | Aug-05 | Aug-04 | % Change |
Aug-05 | Aug-04 |
% Change |
| ISE Average Daily Volume | 1,526.2 | 1,219.8 | 25.1% | 1,648.1 | 1,392.7 | 18.3% |
| ISE Total Volume | 35,101.5 | 26,835.9 | 30.8% | 276,886.0 | 232,575.6 | 19.1% |
| Industry Average Daily Volume | 4,770.9 | 3,491.9 | 36.6% | 5,038.8 | 4,221.8 | 19.4% |
| Market Share | 32.0% | 34.9% | (2.9) pts | 32.7% | 33.0% | (0.3) pts |
Monthly Highlights
- ISE was the largest U.S. equity options exchange in August.
- ISE traded more volume in 496 of 762 issues in its listings
than any other options exchange.
- ISE was the lead market in August in the component equities of
the following indexes and accounted for at least 62% of the
total weighting in each index:
- Dow Jones Industrial Average: 20 of 30 equities which
represented 70% of the total weighting of the index.
- S&P 500: 245 of 500 equities which represented 65% of the
total weighting of the index.
- Russell 1000: 318 of 1,000 equities which represented 62% of the total weighting of the index.
- Dow Jones Industrial Average: 20 of 30 equities which
represented 70% of the total weighting of the index.
- On August 15, 2005, the ISE announced that it will explore
becoming a participant in the Consolidated Tape Association
and Consolidated Quotation plans and the OTC/UTP plan. The CTA
and CQ plans cover quotation and last sale information for
stocks listed on the New York Stock Exchange and American
Stock Exchange. The OTC/UTP plan covers quotation and last
sale information for Nasdaq stocks. Other US options exchanges
that compete with ISE are participants in these plans.
- On August 24, 2005, the ISE announced that, at some time following the public release of its results for the third quarter of 2005, it plans to file with the Securities and Exchange Commission a registration statement for an offering of shares of its Class A common stock by certain stockholders and management in an underwritten secondary public offering. ISE will not receive any proceeds from the sale of the shares. The offering is currently expected to commence during the fourth quarter of 2005 or first quarter of 2006, subject to the SEC declaring the registration statement effective and the receipt of all necessary approvals.
