ISE filing cites plan to launch options exchange

03/4/2013 | Bloomberg Businessweek · Traders Magazine Online

International Securities Exchange Holdings has outlined plans for a second options exchange that would be the 12th in the U.S. for equity derivatives. The structure of the proposed exchange, Topaz, would look similar to ISE's existing options exchange, but with a different fee structure. Boris Ilyevsky, managing director of ISE Options Exchange, says there's no target percentage of trading it expects from Topaz in 2013.

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Bloomberg Businessweek · Traders Magazine Online

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