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They launched in May of 2000. They are doing 300,000+ contracts per day.
www.iseoptions.com
> -----Original Message-----
> From: cwest@xxxxxxxxxxxx [mailto:cwest@xxxxxxxxxxxx]
> Sent: Friday, April 20, 2001 1:49 PM
> To: Omegalist (E-mail)
> Subject: New Electronic Options Order Exchange
>
>
> Thought this maybe of interest as launch date is getting close.
> New Electronic Options Order Exchange
> 1. International Securities Exchange
> This is big news. The ISE will be the first fully-electronic U.S. options
> exchange. Stock traders know all about Island. Ever place an Island order?
> Wow, talk about fast - near instant execution when you hit the bid and the
> ability to see the market moving in real time. The ISE looks to bring that
> same type of electronic order matching to options trading. They are
> currently working on developing the consortium of brokers who will provide
> the order flow. And sure, it will take a bit of time to get the number of
> options and volume to the degree we'd all want to see it. But, this is
> exciting news for option traders and they expect to start their rollout in
> June of 2000.
>
>
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