ISE Holdings Files Application For 3rd Options Exchange
International Securities Exchange Holdings, Inc. (ISE Holdings) announced today they have filed a license application for a 3rd options exchange, ISE Mercury. The new exchange will service options market segments not covered by ISE and ISE Gemini. All three exchanges will run on ISE's existing T7® technology platform. The launch for ISE Mercury is targeted for the first half of 2015.
Boris Ilyevsky, Managing Director of ISE's options exchanges states: "ISE Mercury will use our proven technology platform to service a segment of the options market not currently active on ISE or ISE Gemini exchanges. Our goal is to reach broadly across market segments and to deliver innovative trading functionality, superior customer service, and competitive fees to different constituencies in the industry through our three exchanges. ISE Mercury will build upon the success of ISE and ISE Gemini and will expand our customer base and extend our value proposition."
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