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The Formation of ISE

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    To fund the formation of ISE, memberships were initially sold to a consortium of broker/dealers organized under the umbrella of Adirondack Trading Partners (ATP). This purchase of memberships provided the initial capital for the development of the trading system, acquisition of hardware, development of regulatory systems and other costs associated with establishing an exchange. Currently, transaction fees, electronic access fees and the sale of real-time market data generate ISE’s operating revenues.

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