International Securities Exchange to List Five New Options.Business Editors NEW YORK--(BUSINESS WIRE)--Oct. 8, 2002 The ISE Ise (ē`sā), city (1990 pop. 104,164), Mie prefecture, S Honshu, Japan, on Ise Bay. It is one of the foremost religious centers of Shinto, the site of the shrines of Ise. announced today that it will begin trading five new options on Wednesday, October 9. With the addition of these five names, ISE will be trading 519 issues. One new option, trading in Bin 2 (PMM PMM Purchase Money Mortgage PMM Project Management Methodology PMM Perpetual Motion Machine PMM Permanent Magnet Motor PMM Professional Murder Music (band) PMM Precision Measuring Machine PMM Power Management Mode : SLK-Hull Derivatives LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ), will be: - InterMune Inc. (ITMN) - These options will trade on the January expiration cycle Expiration cycle The recurring cycle of expiry months for which options on a particular security can be available. Basic options are placed in one of three cycles; Cycle 1 (the January/April/July/October, or the first month of each quarter); Cycle 2 (the second month of each ; position and exercise limits have been set at 75,000 contracts. Four new options, trading in Bin 10 (PMM: Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. & Co.
Incorporated), will be:
- Beazer Homes USA, Inc. (BZH) - These options will trade on the February expiration cycle; position and exercise limits have been set at 31,500 contracts. - Hershey Foods Corporation (HSY) - These options will trade on the February expiration cycle; position and exercise limits have been set at 31,500 contracts. - Sealed Air Corporation (SEE) - These options will trade on the January expiration cycle; position and exercise limits have been set at 60,000 contracts. - TECO Energy, Inc. (TE) - These options will trade on the February expiration cycle; position and exercise limits have been set at 31,500 contracts. ISE Background ISE, widely recognized as the pioneer and pacesetter in electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. of U.S. equity options, has grown to become the third largest of the five U.S. options exchanges within just eighteen months of its launch. This measurement is based on total volume transacted in all listed options, equity as well as index products, traded on the five registered U.S. options exchanges. During the third quarter of this year, ISE was the industry volume leader in its listed issues, with a 27% market share. Daily volume during this period averaged 671,531 contracts. ISE is the only fully electronic options exchange in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , the first nationally registered securities exchange since 1973, and the world's first fully electronic options marketplace combining the efficiencies of electronic trading and auction market principles. Trading in this innovative market began on May 26, 2000. ISE currently lists 519 issues for trading. The aggregate volume of these issues across all five U.S. options exchanges represents greater than 90% of all equity options volume. The updated list of issues is available on ISE's web site within the section entitled "Marketplace." ISE headquarters is located at 60 Broad Street, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10004 and can be reached at (212) 943-2400 or, for additional information, visit its web site at www.iseoptions.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion