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Organization Structure

| Overview | Board of Directors | Officers & Management |

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Officers & Management

      Alex Jacobson, Vice President,
      Business Development
Alex Jacobson is Vice President, Business Development of ISE. From 1985 to 2000, he was with the Chicago Board Options Exchange (CBOE), most recently as vice president of business development. During his tenure at CBOE, Mr. Jacobson was instrumental in developing CBOE's liaison to the brokerage community. He was also significantly involved in the initial development of the Options Industry Council and is a founding member of the Options Institute. Prior to 1985, Mr. Jacobson was a top producing broker and options trainer at Merrill Lynch, Pierce, Fenner and Smith, Inc. He is frequently quoted in the financial media and has taught in the training schools of most major brokerage firms and several foreign derivatives exchanges. Mr. Jacobson has an M.B.A. in Finance from DePaul University and a B.S. in Finance from the University of IIlinois.

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