ISE To Change Market Trading Hours
10 February 2006 - 1:12AM
Business Wire
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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