ISE Celebrates 10 Years of Leadership and Innovation in the Options Industry
27 May 2010 - 1:45AM
Business Wire
The International Securities Exchange (ISE) today celebrates its
10th anniversary and a decade of innovation and leadership in the
options industry. ISE launched trading as the first all-electronic
options exchange in the U.S. on May 26, 2000, and revolutionized
the industry by introducing low fees, transparent markets, and an
innovative new market structure. The efficiency and transparency
that ISE introduced, combined with its commitment to investor
education, helped modernize the options industry. Today, options
products are an accessible, mainstream investment vehicle that
retail and institutional investors can use to hedge risk and
enhance returns in their investment portfolios.
To commemorate ISE’s 10th anniversary, New York City’s Deputy
Mayor Robert Lieber opened the exchange for trading and presented
ISE with a proclamation from the City of New York.
“I would like to express my sincere appreciation to ISE’s
employees, members, Board members, and its parent company, Eurex,
for their dedication throughout the last decade. This significant
milestone is only possible because of their unwavering support,”
said David Krell, co-founder and Chairman of ISE. “From the
beginning, we have viewed all of ISE’s stakeholders as our
partners, and that partnership philosophy will continue to be a key
driver of our success.”
“As we celebrate this exciting anniversary, I would like to
thank everyone who has helped build ISE and transform the U.S.
options industry,” said Gary Katz, co-founder and President and
Chief Executive Officer of ISE. “I strongly believe that ISE’s 10th
anniversary is as much about looking to a bright future as it is
about acknowledging the strong foundation we have built over the
last decade. ISE has served as a thought leader and innovative
agent of change for the industry for the last 10 years, and we
remain committed to these principles as we look forward.”
“New York City is the center of the Financial Services industry
and it is my pleasure to congratulate the International Securities
Exchange on 10 years of innovation and creativity,” said Deputy
Mayor Robert C. Lieber. “As a leader in the industry, ISE has
worked to make the sector more transparent, more nimble and user
friendly and we look forward to their next 10 years in New
York.”
In honor of this milestone, ISE has launched a special
anniversary section on its website that includes links to its 2010
expiration calendar and updates on its Corporate Social
Responsibility Program, Ten in Twenty-Ten. In addition, ISE has
published its 2009 Annual Review, which features a virtual
roundtable of industry leaders discussing ISE’s first decade in the
industry. For more information, visit www.ise.com/2010.
About ISE
The International Securities Exchange (ISE) operates a leading
U.S. options exchange and offers options trading on over 2,000
underlying equity, ETF, index, and FX products. As the first
all-electronic options exchange in the U.S., ISE transformed the
options industry by creating efficient markets through innovative
market structure and technology. Regulated by the Securities and
Exchange Commission (SEC) and a member-owner of The Options
Clearing Corporation (OCC), ISE provides investors with a
transparent marketplace for price and liquidity discovery on
centrally cleared options products. ISE continues to expand its
marketplace through the ongoing development of enhanced trading
functionality, new products, and market data services. As a
complement to its options business, ISE has expanded its reach into
multiple asset classes through strategic investments in financial
marketplaces and services that foster technology innovation and
market efficiency. Through minority investments, ISE participates
in the securities lending and equities markets. ISE also licenses
its proprietary Longitude technology for trading in event-driven
derivatives markets.
ISE is a wholly owned subsidiary of Eurex, a leading global
derivatives exchange. Eurex itself is jointly operated by Deutsche
B�rse AG (Ticker: DB1) and SIX Swiss Exchange AG. Together, Eurex
and ISE are the global market leader in individual equity and
equity index derivatives. For more information, visit
www.ise.com.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6306028&lang=en
Deutsche Boerse (TG:DB1)
Historical Stock Chart
From Feb 2025 to Mar 2025
Deutsche Boerse (TG:DB1)
Historical Stock Chart
From Mar 2024 to Mar 2025