Effective Monday, June 6, 2005, ISE will list options on the following:
- ISE Semiconductors (BYT) will trade on a March expiration cycle with exercise and position limits of 24,000. The ISE Semiconductors Index includes manufacturers of semiconductors and related equipment. This index is a modified market capitalization weighted index.
Effective Tuesday, June 7, 2005, ISE will list options on the following:
- ISE-CCM Homeland Security (HSX) will trade on a March
expiration cycle with exercise and position limits of 24,000.
The ISE-CCM Homeland Security Index includes companies engaged
in contractual work with the Department of Homeland Security,
law enforcement agencies, or providing products or services
for the following efforts: intelligence and warning; border
and transportation security; domestic counterterrorism;
protection of critical infrastructure; defense against
catastrophic threats; and, emergency preparedness and
response. This index is a modified market capitalization
weighted index. The ISE-CCM Homeland Security Index was
jointly developed by ISE and Cronus Capital Markets, Inc.
(CCM). CCM, an independent and privately owned capital market
research and consulting firm, provides specific research and
support for the Index.
- ISE Oil and Gas Services (OOG) will trade on a March expiration cycle with exercise and position limits of 31,500. The ISE Oil & Gas Services Index includes oil and gas drilling contractors, equipment manufacturers and suppliers, and service providers involved in drilling, evaluation and completion of oil and gas wells. This index is a modified market capitalization weighted index.
Effective Wednesday, June 8, 2005, ISE will list options on the following:
- ISE Gold (HVY) will trade on a March expiration cycle with
exercise and position limits of 24,000. The ISE Gold Index
includes companies that own or operate gold mines, or are
involved in the production of gold and related products. This
index is a modified market capitalization weighted index.
- ISE Homebuilders (RUF) will trade on a March expiration cycle with exercise and position limits of 24,000. The ISE Homebuilders Index includes residential construction companies and prefabricated house manufacturers. This index is a modified market capitalization weighted index.
"ISE is committed to modernizing the index options market just as it did in the equity options market. The sector indexes represent the extension of ISE's index business into proprietary products that we hope will help investors to better navigate the marketplace," said Bruce D. Goldberg, ISE's Chief Marketing Officer.
ISE's index methodologies for the sector indexes are rules-based, making the rules for calculating and maintaining the indexes freely available to everyone, and thus easily used to test the historic performance of the indexes.
Additional information about these indexes, including methodology guides component lists and weightings, performance metrics and historical data is available on ISE's website, www.iseoptions.com.
