12 December 2017
visit www.aciworldwide.com

ISE Gemini gets green light from SEC

29 July 2013  |  1745 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.atos.netvisit www.solutions.lexisnexis.comvisit http://info.nice.com

Who is commenting?

Top topics

Most viewed Most shared
Revolut lets customers buy Bitcoin, Litecoin and EthereumRevolut lets customers buy Bitcoin, Liteco...
18622 views comments | 26 tweets | 22 linkedin
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11545 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8050 views comments | 15 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
6835 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6180 views comments | 19 tweets | 10 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job