International Securities Exchange (ISE)
The International Securities Exchange (ISE) was a leading U.S. options exchange that pioneered electronic trading for options contracts. Founded in 2000, ISE introduced fully automated trading, allowing investors to buy and sell options on stocks, indices, and exchange-traded funds (ETFs) more efficiently. In 2016, ISE was acquired by Nasdaq, further enhancing its technological capabilities and market access. The exchange remains an essential platform for options traders seeking fast, transparent, and cost-effective execution.
Example
An options trader uses ISE’s electronic platform to quickly execute a trade on stock options, benefiting from its speed and transparency.
Key points
• A U.S. options exchange that pioneered electronic trading for options contracts.
• Offers trading on stocks, indices, and ETFs.
• Acquired by Nasdaq in 2016, enhancing technology and market access.