The Options Insider

ISE: Largest Options Exchange in April, New Website Enhancements and Features

by | May 2, 2013 | Industry

The International Securities Exchange (ISE) has reported April’s average daily volume was 2.7 million contracts, a 4.5% increase from April 2012. Total options volume for the month was 59.8 million contracts.

From its 17.8%* market share, ISE was the largest U.S. equity options exchange in April. ?

ISE April business highlights included the following:

  • April 11: ISE introduced ISE GeminiTM?as the brand name of its second options exchange.
  • April 23: ?ISE received the “Most Proactive Exchange for ETF Options/Derivatives” award at the 9th Annual Global ETF Awards?.
  • April 24: ISE introduced its new corporate branding. Its new visual identity includes a redesigned corporate website and an expanded social media presence.
  • For the month of April, Implied Order functionality accounted for 6.7% of all non-crossing, multi-legged contract volume executed on the exchange.?

*ISE does not include dividend trade volume in market share statistics.?Dividend trades made up 2.1% of industry volume in April 2013.

In addition to its volume and business activities from April, ISE announced its new corporate branding last week and has now highlighted its website enhancements.?

Take a look.

  • Exchange Data page: Offers more robust features with easy-to-read charts and graphs for data including Most Active Series, Volume & Share Statistics, Record/Product Statistics, and Industry Growth.
  • New Product Lookup Tool: Enables users to search all ISE-listed products in one convenient place, sortable by all categories.
  • New members: Upload a membership application and other attachments directly through the website?
  • Enhanced Rule Filings Tool: Allows easy sorting and searching
  • New Implied Orders statistics table: Features ISE overall and the top 20 spread products by designated timeframe.?

New features include:

  • Quicklinks on the homepage to assist with the quick finding of important information in a single click.
  • New ISE ETF Ventures section, featuring enhanced Index Data and information about index licensing and ETP financing.
  • Information about ISE’s second exchange, ISE Gemini