International Securities Exchange - ISE

AAA

DEFINITION of 'International Securities Exchange - ISE'

An electronic options exchange that was launched in 2000. The exchange provides investors with greater liquidity and the ability to execute transactions at a much faster rate than the open-cry trading floor that has historically been the basis for options trading. In addition to being an options exchange, the ISE is also a publicly traded company.

INVESTOPEDIA EXPLAINS 'International Securities Exchange - ISE'

The advent of the electronic options exchange was considered revolutionary. Computerized trading has proved extremely efficient, and has added to the liquidity in the options markets. This added liquidity has helped to reduce pricing volatility. Prior to electronic trading, investors looking to purchase or sell options relied solely on floor brokers to execute their trades.

RELATED TERMS
  1. Chicago Board Options Exchange ...

    Founded in 1973, the CBOE is an exchange that focuses on options ...
  2. Exchange

    A marketplace in which securities, commodities, derivatives and ...
  3. Liquidity

    1. The degree to which an asset or security can be bought or ...
  4. Volatility

    1. A statistical measure of the dispersion of returns for a given ...
  5. Option

    A financial derivative that represents a contract sold by one ...
  6. Beirut Stock Exchange - BSE

    The primary stock exchange for the country of Lebanon. Beirut ...
Related Articles
  1. Getting To Know The Stock Exchanges
    Options & Futures

    Getting To Know The Stock Exchanges

  2. The Global Electronic Stock Market
    Trading Systems & Software

    The Global Electronic Stock Market

  3. Main Characteristics of Capitalist Economies
    Economics

    Main Characteristics of Capitalist Economies

  4. Understanding Intellectual Property
    Investing

    Understanding Intellectual Property

comments powered by Disqus
Hot Definitions
  1. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  2. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  3. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  4. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  5. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  6. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
Trading Center