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ISE Announces FX Options Daily Volume Record

NEW YORK, March 31, 2008 – The International Securities Exchange (ISE) announced that ISE FX Options® reached a record daily trading volume of 64,963 contracts on March 28, 2008. ISE currently lists options on six currency pairs, and open interest for all ISE FX Options equals 526,569 contracts.

Kris Monaco, ISE's Director of New Product Development, said, “This is the first time that daily FX Options volume has exceeded 50,000 contracts, and we are very excited to have reached this important milestone. As we approach the one year anniversary of the introduction of ISE FX Options, we are continuing to broaden the reach of the FX product suite and are gaining significant momentum in trading this new asset class at ISE.”

ISE launched FX Options on April 17, 2007 and currently offers FX Options on the U.S. dollar/euro (Symbol: EUI), U.S. dollar/British pound (Symbol: BPX), U.S. dollar/Japanese yen (Symbol: YUK), U.S. dollar/Canadian dollar (Symbol: CDD), U.S. dollar/Australian dollar (Symbol: AUX) and the U.S. Dollar/Swiss franc (Symbol: SFC). As exchange-listed securities, ISE FX Options can be easily accessed through most major brokerage accounts that are approved for trading equity and index options. These products are cash settled and have European style exercise.

ISE Background

The International Securities Exchange operates a family of fully electronic trading platforms, creating efficient markets through innovative technology and market structure. ISE's markets portfolio consists of an options exchange and a stock exchange. As the world's largest equity options trading venue, ISE offers options on equities, ETFs, indexes, and FX. The ISE Stock Exchange trades approximately 6,000 products, and is the only fully electronic equities platform that provides the opportunity for continuous price improvement through the interaction of its non-displayed liquidity pool, MidPoint Match, and its displayed stock market. ISE Alternative Markets is scheduled to launch in 2008 and will offer an events market trading platform for derivatives auctions. To complement its markets and enable investors to trade smarter, ISE creates innovative new products including a portfolio of proprietary indexes and enhanced market data products for sophisticated investors.

ISE is a wholly owned subsidiary of Eurex, a leading global derivatives exchange. Eurex itself is jointly owned by Deutsche Börse AG (Ticker: DB1) and SWX Swiss Exchange. Together, Eurex and ISE are the global market leader in individual equity and equity index derivatives.

CONTACT:

Media:
Molly H. McGregor
International Securities Exchange
212-897-0275
[email protected]