News In brief

ISE and NYSE team up

The International Securities Exchange's (ISE) foreign exchange options products are now listed on the NYSE Arca Options platform following an agreement between the two parties.

NYSE Arca Options went live on October 27 with USD/EUR currency pairs and in the coming weeks will extend this to USD/GBP, USD/JPY, USD/CAD, USD/AUD and USD/CHF.

The dollar-based structure of ISE's FX options creates an underlying value similar to equity or index options. Edward Boyle, senior vice

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