OM Signs Extended Support Agreement with ISE.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 2, 2004 OM and the International Securities Exchange (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. ) have signed an enhanced five year agreement for the support and maintenance of both the CLICK exchange trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. and CLICK Trade(TM) front end trading terminals. This new agreement includes expanded services and jointly developed procedures to meet the requirements of today's more demanding world. "The ISE has achieved true success as the first and only fully electronic options exchange in the U.S., and we are quite proud of the supporting role supporting role n → second rôle m supporting role n → ruolo non protagonista OM has played in their evolution," said Klas Stahl, President of OM Technology. "This extended contract represents a real vote of confidence in OM as a business partner, and we are delighted that the ISE has chosen to continue to rely on OM as they grow and expand upon their business." "OM has been a key partner, enabling the ISE's pioneering approach to financial markets, and we are confident that our continued relationship with OM will serve us well going forward," said David Krell David Krell is a founder and President & CEO of ISE, LLC and ISE Holdings. From 1997 to 1998, he was Chairman and co-founder of K-Squared Research, LLC, a financial services consulting firm. , ISE's President and Chief Executive Officer. ISE has operated OM's CLICK exchange system, the world's most widespread marketplace system, since its inception in May 2000. In 2003, ISE emerged as the world's largest equity options exchange, trading more equity options than any other options exchange. In 2003, ISE traded 244,879,035 million options contracts, up 61 percent from the 152,271,279 million contracts in the previous year. About OM OM is a world leading provider of technology, processing and outsourcing solutions for the financial and energy markets. Known for its fully 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. platforms, OM has over 300 customers in 20 countries and is the largest commercial provider of marketplace systems to the world's major exchanges. OM Technology is a division of OMHEX OMHEX OM Technology and HEX Integrated Markets , a company which also owns and operates exchanges, clearing organizations and central securities depositories, and has operations in 12 countries. OMHEX is listed on Stockholmsborsen and Helsinki Exchanges Helsinki Exchanges (HEX) The Helsinki Exchanges (HEX Ltd., Helsinki Securities and Derivatives Exchange and Clearing House) was formed at the beginning of 1998 following the merger of the Helsinki Stock Exchange Ltd. and SOM Ltd. . For more information please visit www.omhex.com. About ISE 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 securities trading, financial activity involving transactions of property such as stocks, bonds, commodities, and currency (see securities). Although the trading of stocks and bonds dates back several centuries in many Western nations, the development of the . 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 and the trading community with the most efficient, least expensive order executions possible. For more information about ISE, its products and its technology, visit www.iseoptions.com. |
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