An update on Options Activity from ISE:
- For full year 2015, ISE and ISE Gemini combined to represent 16.1% of equity options market share, excluding dividend trades, with an ADV of 2.4 million contracts.
- Dividend trades made up 0.7% of industry volume in 2015, the lowest since ISE began tracking the statistic in 2010.?
Business highlights for the full year 2015 include:
?
- Options
- The Securities and Exchange Commission (SEC) published ISE’s Form 1 Application for ISE Mercury. ISE Mercury is anticipated to be launched in Q1 2016.?
- Gary Katz, President and Chief Executive Officer, participated in a public hearing hosted by the U.S. Department of Labor to collect feedback on the agency’s proposed Conflict of Interest Rule. Mr. Katz delivered the remarks on behalf of the U.S. Securities Market Coalition.
- ISE celebrated its fifteenth anniversary in May.
- ISE ETF Ventures
- The first ISE ETF Ventures product eclipsed $1 billion in AUM.
- In all, ISE ETF Ventures supported 12 exchange-traded product launches in 2015.
- Total AUM for products tied to ISE ETF Ventures rose to approximately $3 billion.?
- Industry Awards
- ISE was recognized as “Best Overall Exchange” at the Wall Street Letter 2015 Institutional Trading Awards. ISE and ISE Gemini’s front-end order and execution management system, PrecISE Trade?, earned the award for “Most Innovative Exchange Technology – Options.”?
- For the fifth consecutive year, ISE ETF Ventures received the award for “Most Proactive Exchange for ETF Options/Derivatives” at the 11th Annual Global ETF Awards?.
- ISE ETF Ventures earned the award for “Most Innovative Index of 2014” for the ISE Cyber Security? Index at the 2015 Annual Closed-End Funds & Global ETFs Forum, hosted by Capital Link.
- Trading of multi-legged strategy orders on ISE through Implied Order functionality surpassed 44 million contracts since launch and accounted for 5.2% of all non-crossing, multi-legged contract volume executed on ISE in December 2015.