ISE Reports it is the Largest Equity Options Exchange in February 2013 NEW YORK, March 1, 2013 –  

ISE was the largest equity options exchange in February with market share of 18.1%, excluding dividend trades. Dividend trades made up 4.4% of industry volume in February 2013.

The International Securities Exchange (ISE) today reported average daily volume of 2.7 million contracts in February 2013. This represents an increase of 1.3% compared to February 2012. Total options volume for the month was 51.5 million contracts. ISE was the largest U.S. equity options exchange in February with market share of 18.1%*. Business highlights for the month of February include:    

On February 6, ISE and IndexIQ announced their partnership agreement to support and promote new exchange traded products (ETPs) focusing on physical commodities. On February 15, ISE announced that it received the “Most Innovative Exchange Technology Options” award at the Wall Street Letter 2013 Institutional Trading Awards. On February 21, ISE announced that Hauke Stars, Chief Information Officer of Deutsche Börse AG, was elected to ISE’s Board of Directors. For the month of February, Implied Order functionality accounted for 7.3% of all non-crossing, multi-legged contract volume executed on ISE.

Detailed volume statistics are found in the tables below: Total Options Volume (Equity, ETF, Index and FX Options) (000s) ISE Average Daily Volume ISE Total Volume

Feb-13 2,710.2 51,494.0

Current Month Feb-12 2,676.4 53,527.2

% Change 1.3% -3.8%

Feb-13 2,744.3 109,770.0

Year-to-Date Feb-12 2,683.9 107,357.9

% Change 2.2% 2.2%

Equity and ETF Options Volume Statistics (000s) ISE Average Daily Volume ISE Total Volume Market Share*

Feb-13 2,670.1 50,731.9

Current Month Feb-12 2,650.0 53,000.0

% Change 0.8% -4.3%

18.1%

17.8%

0.3 pts

Feb-13 2,708.6 108,344.0 18.1%

Current Month Feb-12 26.2 523.6

% Change 52.3% 44.7%

Current Month Feb-12 0.2 3.6

% Change 0.0% 25.0%

Year-to-Date Feb-12 2,660.4 106,417.4 18.2%

% Change 1.8% 1.8% (0.1) pts

Feb-13 35.4 1,417.9

Year-to-Date Feb-12 23.3 931.1

% Change 52.3% 52.3%

Feb-13 0.2 8.1

Year-to-Date Feb-12 0.2 9.4

% Change 0.0% -13.8%

Index Options Volume Statistics (000s) ISE Average Daily Volume ISE Total Volume

Feb-13 39.9 757.6

ISE FX Options® Volume Statistics (000s) ISE Average Daily Volume ISE Total Volume

Feb-13 0.2 4.5

*ISE does not include dividend trade volume in market share statistics. ISE’s market share statistics continue to be negatively impacted by dividend trade strategies that are permitted based on a noneconomic rationale, and inflate and distort trading volume and market share when transacted. Exclusion of dividend trades from total industry volume data presents a more relevant measure of the relative trends

in our business. For ISE’s whitepaper on dividend trades and their impact on the options industry, please visit www.ise.com/dividendtrades. Dividend Trade Impact on Industry Market Share** Equity Options Volume February 2013 Excluding (000s) Dividend Trades ISE 50,731.9

Dividend Total Reported Market Share Market Dividend Trades Trade Equity Options True Market With Dividend Share as % of Equity Volume Volume Share Trades Difference Options Volume 0.0 50,731.9 18.1% 17.3% 0.8 0.0%

CBOE PHLX AMEX ARCA NSDQ

48,226.8 47,710.1 43,100.2 39,474.0 22,707.3

0.0 12,742.5 0.0 0.0 0.0

48,226.8 60,452.6 43,100.2 39,474.0 22,707.3

17.2% 17.1% 15.4% 14.1% 8.1%

16.5% 20.7% 14.7% 13.5% 7.8%

0.7 (3.6) 0.7 0.6 0.3

0.0% 21.1% 0.0% 0.0% 0.0%

BATS BOX C2 BXOptions MIAX

12,585.0 6,936.6 4,946.6 2,926.6 485.1

0.0 0.0 0.0 0.0 0.0

12,585.0 6,936.6 4,946.6 2,926.6 485.1

4.5% 2.5% 1.8% 1.1% 0.2%

4.3% 2.4% 1.7% 1.0% 0.2%

0.2 0.1 0.1 0.1 0.0

0.0% 0.0% 0.0% 0.0% 0.0%

**This calculation is based on in-the-money call options with a premium of $0.50 or more, and with trades greater than 1,000 contracts. Only trades with the closest expiration are considered. Exchanges without fee caps are excluded. This dividend trade volume information is presented for informational purposes only. It is provided on an “as is” basis, without warranty of any kind. ISE does not guarantee its accuracy or completeness, and ISE accepts no responsibility for any errors or omissions in, or the consequence of relying or acting upon, this information.

About ISE The International Securities Exchange (ISE) operates a leading U.S. options exchange and offers options trading on over 2,000 underlying equity, ETF, index, and FX products. As the first all-electronic options exchange in the U.S., ISE transformed the options industry by creating efficient markets through innovative market structure and technology. Regulated by the Securities and Exchange Commission (SEC) and a member-owner of OCC, ISE provides investors with a transparent marketplace for price and liquidity discovery on centrally cleared options products. ISE continues to expand its marketplace through the ongoing development of enhanced trading functionality, new products, and market data services. As a complement to its options business, ISE has expanded its reach into multiple asset classes through strategic investments in financial marketplaces and services that foster technology innovation and market efficiency. Through minority investments, ISE participates in the securities lending and equities markets. ISE also licenses its proprietary Longitude technology for trading in event-driven markets. As a member of Eurex Group, ISE is combined with Eurex Exchange to form one of the largest transatlantic derivatives marketplaces, with daily trading volumes exceeding 10 million contracts in 2011 across a growing range of asset classes. Eurex Group is comprised of Eurex Exchange, the International Securities Exchange, the European Energy Exchange, Eurex Clearing, Eurex Bonds and Eurex Repo. Eurex Group is owned by Deutsche Börse AG (Xetra: DB1). CONTACTS: Molly McGregor 212-897-0275 [email protected] Farhan Husain 212-897-0305 [email protected]

ISE Reports it is the Largest Equity Options Exchange in February 2013

Business highlights for the month of February include: ... On February 15, ISE announced that it received the “Most Innovative Exchange Technology -. Options” ...

205KB Sizes 4 Downloads 98 Views

Recommend Documents

ISE Reports it is the Largest Equity Options Exchange in February 2013
On February 6, ISE and IndexIQ announced their partnership agreement to support and promote ... multi-legged contract volume executed on ISE. Detailed ...

ISE Reports it is the Largest Equity Options Exchange in February 2013
Business highlights for the month of February include: ... On February 15, ISE announced that it received the “Most Innovative Exchange Technology -. Options” ...

Revision of Transaction charges in Equity Options Segment - NSE
Nov 27, 2014 - basis. For National Stock Exchange of India Limited. Yatrik Vin. Chief Financial Officer. Telephone No. Fax No. Email id. 26598142. 26598394.

Disasters Implied by Equity Index Options - LSE
analytical tools used in the paper, that is, cumulant-generating functions, en- tropy, and their connection to the pricing kernel. Section II illustrates the tools.

Disasters Implied by Equity Index Options - LSE
value options as well as equity, and compare these option prices to those of an estimated ...... The line labeled “disasters” incorporates the jump component. The difference ...... in option prices, Journal of Business 51, 621–651. Broadie, Mar

February 2013.pdf
can consist of words, images, or even clip- pings from the web, but a premium account. (unfortunately with a monthly subscrip- tion) will let you save other file ...

reports - 31 december 2013.pdf
There was a problem previewing this document. Retrying... Download. Connect more apps... Try one of the apps below to open or edit this item. reports - 31 ...

2.Which is the second largest river in Kerala?
Which one is not a search engine? A.Spiders. B.Virus*. C.Robots. D.Crawlers. Ans:B ... A.Word processor*. B.Internet. C.Spreadsheet. D.Presentation software.

February 19,2018 The National Stock Exchange of India Ltd ... - Religare
Feb 19, 2018 - ··RELIGARE. _. Values that bind. Press Statement. RELIGARE ENTERPRISES TO RAISE INR 916 CRORE THROUGH PREFERENTIAL ISSUE.

Finance Agenda February 2013.pdf
2. Councillors declarations of interest on items on this agenda. 3. Chairman's announcements / Talk by Rachel McAndrews from Bromsgrove District Council. 4.

February 19 2013 Agenda.pdf
proposed construction of a 2,250 sq. ft. coffee shop with drive-thru and associated site amenities including. drive-thru lane and twenty five (25) parking spaces.

Equity Options Traders Training Program - Bourse de Montréal
Nov 23, 2017 - their efforts to recruit, hire and train new traders to utilize options contracts listed on the Bourse. Following the launch of the Program, the ...

The Distribution of the Second-Largest Eigenvalue in ...
Nov 21, 2006 - of the number of vertices holds in the limit, then in the limit approximately 52% of ...... support that only the β = 1 Tracy-Widom distribution models the second largest eigen- ...... F. Bien, Constructions of telephone networks by g

printed volunteer options 2013-2014
Help at REHEARSALS. Our BIGGEST need through the year is moving chairs, stands, and equipment before and after rehearsals. Please indicate your possible availability below. We know schedules can change, but this is a starting point. A volunteer coord

Check Register-February 2013.pdf
021301 02-28-2013 02-28-2013 AMERICAN NATIONAL BANK WH 41,904.60. 6,946.55. 6,946.55. Check 021301 Total: 55,797.70. * Indicates voided check.

February 2013 - Gun Owners Action League
Feb 7, 2013 - the anti-civil rights mob couldn't get their ... uneducated national media. Their endless rants ..... or a host of anti-social conditions, the standard ...