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Overview
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International Securities Exchange (ISE) will be the nation's first entirely electronic options market subject to approval by the Securities and Exchange Commission. Fully electronic exchanges are successfully operating around the world, providing a significantly higher level of efficiency and faster trading for their constituents than traditional floor-based exchanges. The ISE will provide substantial savings and safeguards for its participants through greatly reduced operating/transaction costs and the application of market proven state-of-the-art software technologies and hardware. ISE's mission is to create and maintain an efficient, cost effective and liquid market for stock options through the introduction of a new market structure and automated trading systems.
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