The International Securities Exchange Holdings, Inc. (ISE Holdings) has reported its January volume figures, disclosing a combined average?daily volume (ADV) of 3.0 million contracts in January 2014 for its two exchanges, ISE and ISE Gemini.?This represents 18.0% of U.S. equity options market share.
In addition, ISE Gemini ADV increased by 25.8% from December 2013 to January 2014.?Dividend trades made up 1.0% of industry volume in January 2014.
ISE total options volume (Equity, ETF, Index and FX Options ) fell 12.27% in January 2014 year over year while ISE equity and ETF options volume fell 11.52% in January 2014 from January 2013.?
January business highlights included the following:
- On January 27, ISE Gemini announced that it surpassed 750k contracts for the first time in a single trading day. ISE ETF Ventures also shared its inaugural year-in-review with a recap of its partnerships and milestones from 2013.
- On January 28, ISE ETF Ventures expanded its partnership with BlueStar Indexes to launch the BlueStar Israel Global Technology Index (ticker: BGTH). ISE Holdings also announced that the SEC approved ISE and ISE Gemini to be the first exchanges to list options on the Nations VolDex.
- For the month of January, Implied Order functionality accounted for 6.9% of all non-crossing, multi-legged contract volume executed on ISE.