ISE is a registered national securities exchange with over 100 broker-dealer members. There are three types of ISE members:
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Primary Market Maker
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Competitive Market Maker
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Electronic Access Member
Who Can Be a Member
Applicants must meet the following criteria:
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Applicant must be a registered U.S. broker-dealer
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Applicant must be a member of at least one other self-regulatory organization (“SRO”)
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Applicant must either be an OCC/NSCC member, or submit a clearing guarantee from an ISE clearing firm
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