ISE first began trading approximately six years ago, on May 26, 2000.
“This trading record marks yet another milestone in ISE’s history of innovation and leadership,” said David Krell, President and Chief Executive Officer of ISE. “We believe the remarkable growth in options trading volume highlights the increasing use and importance of options as an effective trading tool for both institutional and retail investors to increase their returns, hedge their portfolios and manage investment risk through the use of multiple asset classes.”
ISE Background
The International Securities Exchange (ISE) is an innovative securities market, founded on the principle
that technology and competition create better, more efficient markets for investors. ISE is the largest
equity options exchange and is among the leading options exchanges in the world. ISE developed a
unique market structure for advanced screen-based trading systems and in May 2000 launched the first
fully electronic US options exchange. The ISE Stock Exchange LLC will launch in the third quarter of
2006 with strategic partners, offering an innovative MidPoint Match platform, followed by a fully integrated
displayed Best Bid Offer (BBO) market in the fourth quarter. ISE is also a majority owner of Longitude
LLC, an innovative platform for events markets trading, and offers enhanced market data products for
sophisticated investors.
ISE continually enhances its trading systems and develops new products, including index options and
market data, to provide investors with the best marketplace and investment tools to trade smarter. For
more information about ISE, its options products and its technology, visit www.iseoptions.com and for
more information about the ISE Stock Exchange LLC, visit www.isestock.com.
