ISE Launches Gemini Options Exchange

Gemini is the ISE's second options exchange.

The International Securities Exchange (ISE) has announced the successful debut of Gemini, its second exchange for US options trading.

Gemini offers a maker-taker structure, and initially launched with six symbols, with plans to add more over the coming months. New York-headquartered ISE is a member of the Eurex Group, owned by Deutsche Börse.

"ISE Gemini delivers a competitive alternative in the maker-taker segment of the options market," says Boris Ilyevsky, MD of ISE's options exchanges. "We believe that existing members of ISE will benefit from joining ISE Gemini and having access to two exchanges with uniquely targeted pricing models that use a common technology platform. The ISE Gemini launch is an important first step and we look forward to growing the exchange to benefit current and future members."

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