ISE's Iceberg Orders Show Continuing Shift to Equity Practices

Hintze, John
March 2008
Securities Industry News;3/17/2008, Vol. 20 Issue 11, p8
Trade Publication
The article deals with the decision of the U.S. Securities and Exchange Commission (SEC) to allow the International Securities Exchange (ISE), an options exchange, to offer reserve or iceberg orders, a common feature in the equities market. The SEC has also approved the application of the Nasdaq Options Market to offer reserve orders. Boris Ilyevsky, head of business development at ISE, claims that hosting iceberg order would lead to speedier executions at the exchange.


Related Articles

  • ISE Proposes New Customer Category. Mehta, Nina // Traders Magazine;May2008, Vol. 21 Issue 281, p20 

    The article reports on the proposal of the International Securities Exchange Inc. (ISE) to the Securities and Exchange Commission (SEC) in the U.S. ISE proposed SEC to mandate the orders of broker-dealer members from certain public customers as professional orders. Boris Ilyevsky, head of...

  • Options Customer Tiering Dehated. Chapman, Peter // Traders Magazine;Oct2007, Vol. 20 Issue 273, Special section p20 

    The article focuses on the attempt of International Securities Exchange LLC (ISE) to implement options trading in the U.S. The change of the rule still awaits Securities and Exchange Commission's (SEC) approval to permit active trading customers to voluntarily designate their orders as...

  • The ISE Gets Tough With Some Customers.  // Traders Magazine;Jun2008, Vol. 21 Issue 282, p8 

    The article reports that International Securities Exchange Inc. (ISE) is closer to win U.S. Securities and Exchange Commission approval to create an effective two orders of options customers. It states that the move comes as the ISE received an approval to allow high-frequency-trading customers...

  • Nasdaq Defends Dark Options. Mehta, Nina // Traders Magazine;Feb2008, Vol. 21 Issue 277, p22 

    The article focuses on the proposed Nasdaq Options Market of Nasdaq. According to the author, the company's Nasdaq Options was not given an approval by the Securities and Exchange Commission (SEC). She adds that Nasdaq will remove the non-displayed order type in its proposal because of the...

  • ISE files with SEC, wants OK by summer. Dabaie, Michael // Securities Industry News;02/08/99, Vol. 11 Issue 6, p23 

    Reports on the approval sought by the International Securities Exchange, an electronic options exchange started by ETrade founder William Porter, from the Securities & Exchange Commission in the United States. Filing for registration as a national securities exchange; Plans of starting...

  • ISE Gemini gets SEC approval.  // Ai Trade News;2013, p103 

    The article reports on the approval of the U.S. Securities and Exchange Commission (SEC) to the second options exchange, Gemini, of International Securities Exchange (ISE) Holdings Inc.

  • ISE Gemini tips 2% equity options market share.  // Ai Trade News;2013, p89 

    The article reports a 2% market share increase in the financial firm International Securities Exchange Holdings Inc.'s (ISE) Gemini options exchange in the U.S. It mentions its provision of trading in 2,094 options throughout index, equity and exchange-traded funds (ETF). Furthermore, managing...

  • SEC Scrutinizing Actionable IOIs. Chapman, Peter // Traders Magazine;Nov2009, Vol. 22 Issue 302, p28 

    The article reports on the scrutiny of the U.S. Securities and Exchange Commission (SEC) on actionable indications of interest (IOIs). It notes that SEC will investigate whether to reclassify these order messages which represent trading interest and can be traded against the other systems. SEC...

  • Insider Holding Requirements, Stock Options, and Stock Appreciation Rights. Balsam, Steven; Wonsun Paek, Steven // Journal of Accounting, Auditing & Finance;Summer2001, Vol. 16 Issue 3, p227 

    This study examines how a Securities and Exchange Commission rule change affected the design of executive compensation contracts. It shows that a change in insider holding requirements for employee stock options led to a widespread decrease in the use of stock appreciation rights. Further, we...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics