that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . february 2014 learn how and when to remove this template message international securities exchange type exchange founded may 26 2000 headquarters new york city u.s. key people gary katz ceo products options stock market data website www.ise.com international securities exchange holdings inc. ise is a wholly owned subsidiary of american multinational financial services corporation nasdaq inc. . it is a member of the options clearing corporation occ and the options industry council oic . founded in 2000 the ise began its inception in 1997 with then chairman of e trade william a. porter and his colleague marty averbuch . they approached david krell and gary katz about their concept and the four founded what is today the international securities exchange a leading u.s. equity options exchange . 1 launched as the first fully electronic us options exchange ise developed a unique market structure for advanced screen based trading . ise offers equity and index options including proprietary index products as well as fx options based on foreign currency pairs . ise also offers market data tools designed for sophisticated investors seeking information on investor sentiment volatility and other options data . in 2013 ise strengthened its focus on etf and index development with introduction of ise etf ventures . in august 2008 ise stock exchange announced a partnership with the electronic communication network direct edge . the deal made the ise stock exchange a wholly owned subsidiary of direct edge and gave ise an ownership stake in direct edge . 2 contents 1 ise options exchange 2 timeline 3 references 4 external links ise options exchange edit the international securities exchange ise operates three u.s. options exchanges ise ise gemini and ise mercury . 3 timeline edit 2000 february 24 2000 registered as a national securities exchange with the securities and exchange commission may 26 2000 launched its options exchange the first transaction was a purchase of 20 sbc communications october 45 calls . 2001 may 29 2001 traded its 25 millionth contract . november 1 2001 became the 3rd largest u.s. equity options exchange when average daily volume for october 2001 reached 380 299 contracts 4 2002 may 22 2002 met its goal of listing equity options representing 90 % of average daily trading volume in the us options industry . 5 october 29 2002 traded its 200 millionth contract . 2003 february 20 2003 traded its 250 millionth contract . march 1 2003 became the largest us equity options exchange after average daily volume for february 2003 reached 710 218 contracts . 6 2004 january 2004 was named derivatives exchange of the year by risk magazine for the second time in three years . 7 2005 march 9 2005 became the first securities exchange to sell its shares in an initial public offering . may 24 2005 traded its 1 billionth contract . december 8 2005 completed its secondary public offering . 2006 january 20 2006 traded a record daily trading volume of 4 580 678 equity and index options contracts . march 24 2006 launches its alternative markets trading platform . may 16 2006 traded its 1.5 billionth contract . september 1 2006 adopted a holding company structure . september 8 2006 launched the ise stock exchange with its first product midpoint match . december 8 2006 ise stock exchange rolled out its fully displayed stock market the first fully electronic exchange to provide integrated access to non displayed and displayed liquidity pools . 2007 february 27 2007 set a new record daily trading volume of 5 531 875 equity and index options . contracts . march 5 2007 announced partnership toronto stock exchange to launch dex a new derivatives market in 2009 . the agreement was later terminated when toronto stock exchange agreed to buy montreal exchange inc. 8 march 9 2007 traded its 2 billionth options contract . april 17 2007 launched ise fx options . april 30 2007 german exchange operator deutsche b rse announced it will buy international securities exchange ise.n for 2.8 billion creating a transatlantic derivatives marketplace . 9 december 20 2007 eurex completes acquisition of ise . ise will continue to be regulated by the sec as a registered national securities exchange and will operate under the existing management team as an independent subsidiary of eurex . 10 2008 september 18 2008 trades a new record daily trading volume of 7 903 304 options contracts . 11 october 28 2008 enters into an agreement with the new york stock exchange to license the right to list ise fx options products on the nyse arca options platform . december 23 2008 completes deal with direct edge . ise stock exchange becomes a wholly owned subsidiary of the direct edge with ise gaining a 31.54 % ownership stake . 12 2016 march 9 2016 american exchange operator nasdaq announced it will buy international securities exchange ise.n for 1.1 billion . 13 june 30 2016 nasdaq completes acquisition of ise . 14 references edit http www.ise.com about ise management team ise joins direct edge to gain u.s. share wall street journal http www.ise.com about ise international securities exchange now the third largest u.s. options exchange ; solid growth trend strengthens november 1 2001 business wire ise meets listings target on second anniversary may 23 2002 securities industry news options mart is no. 1 despite trade through may 2004 traders magazine the risk awards 2004 by january 2004 volume17 no1 bloomberg news april 30 2008 bloomberg news april 30 2007 fox news december 20 2007 ise january 2 2009 press release december 23 2008 deutsche b rse press release march 9 2016 deutsche b rse press release june 30 2016 external links edit www.ise.com v t e world federation of exchanges members abu dhabi securities exchange amman stock exchange athens stock exchange australian securities exchange bahrain bourse bats global markets bermuda stock exchange bm & f bovespa bme spanish exchanges bolsa de comercio de buenos aires bolsa de comercio de santiago bolsa de valores de colombia bolsa de valores de lima bolsa mexicana de valores borsa istanbul bourse de casablanca bse india limited bursa malaysia cboe china financial futures exchange cme group colombo stock exchange cyprus stock exchange dalian commodity exchange deutsche b rse dubai financial market egyptian exchange euronext ho chi minh city stock exchange hong kong exchanges and clearing indonesia stock exchange intercontinental exchange international securities exchange irish stock exchange japan exchange group jse limited kazakhstan stock exchange korea exchange luxembourg stock exchange malta stock exchange moscow exchange muscat securities market nasdaq omx national stock exchange of india nigerian stock exchange nzx limited oslo b rs philippine stock exchange qatar exchange saudi stock exchange tadawul shanghai futures exchange shanghai stock exchange shenzhen stock exchange singapore exchange six swiss exchange stock exchange of mauritius stock exchange of thailand taipei exchange taiwan futures exchange taiwan stock exchange tel aviv stock exchange tmx group zhengzhou commodity exchange associates depository trust & clearing corporation options clearing corporation affiliates beirut stock exchange bourse de tunis brvm bucharest stock exchange cayman islands stock exchange channel islands securities exchange chittagong stock exchange dhaka stock exchange dubai gold & commodities exchange hanoi stock exchange indonesia commodity and derivatives exchange multi commodity exchange nairobi securities exchange namibian stock exchange nepal stock exchange palestine exchange port moresby stock exchange ukrainian exchange correspondents barbados stock exchange belarusian currency and stock exchange bolsa de comercio de rosario bolsa de valores de panama bolsa nacional de valores canadian securities exchange dutch caribbean securities exchange ghana stock exchange jamaica stock exchange kuwait stock exchange miami international securities exchange pfts stock exchange sydney stock exchange seychelles securities exchange trop x retrieved from https en.wikipedia.org w index.php title international securities exchange & oldid 728457553 categories organizations established in 2000stock exchanges in the united statesoptions exchanges in the united stateshidden categories articles with a promotional tone from february 2014all articles with a promotional tone navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial 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