ISE Launches New Electronic Trading Index
Index Options Begin Trading (Symbol: DMA)
NEW YORK--(BUSINESS WIRE)--June 25, 2007--The International Securities Exchange (NYSE:ISE) announced today the launch of the ISE Electronic Trading Index(TM), which establishes a unique benchmark for a specialty sector within financial services. The stocks comprising the index include electronic brokers, market makers, educational firms, exchanges, and other marketplaces deemed to be most closely associated with electronic trading in the United States. Additionally, ISE has listed cash-settled options based on this new index under the symbol DMA. Timber Hill LLC serves as the Primary Market Maker.
The ISE Electronic Trading Index was developed in response to growing interest in the companies that have advanced electronic trading capabilities across all asset classes, and the desire on the part of investors to gain increasingly more targeted exposure to specially segmented sectors. The ISE Electronic Trading Index currently contains 19 companies that derive a substantial portion of their revenues from electronic trading, such as Interactive Brokers (Ticker: IBKR), TD Ameritrade (Ticker: AMTD) and optionsXpress (Ticker: OXPS).
"ISE is pleased to offer investors the ISE Electronic Trading Index to track the performance of this fast-growing segment of the financial services marketplace. We have been at the forefront of electronic trading since our inception, and so it makes sense that ISE established a well-rounded benchmark that encompasses all major participants in this industry," said Bruce D. Goldberg, ISE's Chief Marketing Officer.
Additional information about this index, including the methodology guide, component list and weightings, performance metrics and historical data is freely available on ISE's website, iseoptions.com , on the Products Traded / Index Options page.
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