The International Securities Exchange (ISE) announced today that it has started publishing a summary of its transaction fees in Excel format as a complement to the official fee schedule it files with the SEC.
The electronic, user-friendly version of the fee schedule provides ISE members with a summary of ISE transaction fees which they can easily incorporate into their proprietary systems. To view the new fee summary, visit ise.com/feesummary.
"ISE is the first and only options exchange to publish its fee schedule in this manner, making it easier for our members to maintain accurate information on our fees," said Boris Ilyevsky, Managing Director of ISE's options exchange. "In light of the ever changing fee models within the U.S. options industry, we are providing our members with an efficient mechanism whereby they can quickly adjust their models to take advantage of our cost structure."
ISE's official Schedule of Fees, all fee notices and the new ISE fee summary are available at ise.com/feenotices. For more information, please contact ISE's Business Development team at email@example.com.
The new electronic fee summary provides a summary of the transaction charges assessed by ISE. In the event of any conflict between the fee summary and the Schedule of Fees, the charges noted in the Schedule of Fees shall prevail.