ISE reports average daily volume of 2.2m contracts in June 2016

The International Securities Exchange (ISE), now part of Nasdaq, has reported a combined average daily volume (ADV) of 2.2 million contracts in June 2016 for its three options exchanges: ISE, ISE Gemini, and ISE Mercury.

ISE’s options exchanges combined to represent 15.2% of equity options market share, excluding dividend trades, which made up 0.4% of industry volume in June 2016.

Business announcements for the month of June include:

• Nasdaq completed the acquisition of the International Securities Exchange.

• ISE surpassed 50 million contracts traded through Implied Order functionality.

• Trading of multi-legged strategy orders on ISE through Implied Order functionality surpassed 50 million contracts since launch and accounted for 5.2% of all non-crossing, multi-legged contract volume executed on ISE during the month of June.

Here are the detailed volume statistics:

ISE total volume

ISE

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