The International Securities Exchange (NYSE:ISE) today announced the following change to its trading schedule for equity options, effective Monday, February 13, 2006. Options on equities, narrow-based (sector) indexes and narrow-based ETFs will close for trading at 4:00 p.m. (ET). This is an industry-wide change and reflects a two-minute reduction in the current trading session to align options trading with the closing time of the primary market. Please note that the market for all option products will continue to open at 9:30 a.m. (ET). Broad-based indexes and broad-based ETFs which trade until 4:15 p.m. will continue to do so. ISE Background The International Securities Exchange, the world's largest equity options exchange, was founded on the principle that technology fosters and infuses new efficiencies and operational innovations into securities trading. After developing an innovative market structure that integrated auction market principles into an advanced screen-based trading system, ISE launched the first fully electronic US options exchange in May 2000. ISE continually enhances its trading systems to provide investors with the best marketplace to execute their options orders. For more information about ISE, its products and its technology, visit www.iseoptions.com.
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