16 October 2017
visit www.response.ncr.com

ISE Gemini gets green light from SEC

29 July 2013  |  1730 views  |  0 Source: ISE

The International Securities Exchange (ISE) announced that the SEC has approved its Form 1 application for ISE Gemini(TM), ISE's second options exchange that will complement its existing market.

Set to launch on August 5, 2013, ISE Gemini will ramp up over several weeks, beginning with a small number of symbols and eventually trading all of the most active options classes.

"The launch of ISE Gemini on August 5 will be the culmination of a great deal of hard work by the ISE team to deliver this important initiative," said Boris Ilyevsky, Managing Director of ISE's options exchanges. "We are operationally ready for the launch and in the final stages of working with our members to trade on ISE Gemini. We are excited to offer our members a new pricing structure through ISE Gemini with the same technology and market structure that are hallmarks of ISE."

The membership of ISE Gemini consists of Primary Market Makers (PMMs), Competitive Market Makers (CMMs), and Electronic Access Members (EAMs). To date, ISE Gemini has 15 approved market makers. ISE Gemini's fee schedule will be officially published before launch. Additionally, all non-transactional fees, including membership, application, market data and trading right fees have been waived until January 1, 2014.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.vasco.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14325 views comments | 11 tweets | 3 linkedin
Taiwan's Far Eastern International Bank suffers malware attackTaiwan's Far Eastern International Bank su...
13030 views comments | 16 tweets | 22 linkedin
Monzo fends off suitors as current account upgrade beginsMonzo fends off suitors as current account...
8938 views comments | 17 tweets | 14 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
7847 views comments | 15 tweets | 20 linkedin
Ripple blockchain network hits 100-member markRipple blockchain network hits 100-member...
7573 views comments | 13 tweets | 13 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job