ISE Gemini today announced that it surpassed 750,000 contracts for the first time (actual: 852,184 contracts) in a single day. Through January 2014, ISE Gemini has an average daily volume (ADV) of 565,730 and an overall equity options market share of 3.5 percent, excluding dividend trades.
"We are very pleased with ISE Gemini's strong performance and consistent level of growth both in market share and listed classes," said Boris Ilyevsky, Managing Director of ISE's Options Exchanges. "We look forward to continued success as we introduce further enhancements to our market structure and trading system."
Since launching on August 5, 2013, ISE Gemini has offered customers a unique maker-taker pricing model combined with its patented pro-rata and customer priority market structure. Additional details about ISE Gemini can also be viewed at www.ise.com/gemini.
ISE Gemini Notable Milestones:
August 5, 2013: First day of trading with six symbols listed
August 26, 2013: Became fastest new exchange to surpass two percent market share
August 28, 2013: Surpassed one million total contracts traded
September 30, 2013: Second product rollout completed with 500 total products listed
October 16, 2013: Surpassed 10 million total contracts traded
October 23, 2013: Surpassed 500k contracts traded and 3% market share in a single trading day
October 28, 2013: Third product rollout completed with 700 total products listed
November 19, 2013: Surpassed 20 million total contracts traded
November 25, 2013: Fourth product rollout completed with 1,000 total products listed
January 24, 2013: Surpassed 750k contracts traded in a single trading day