The International Securities Exchange Stock Exchange has completed the rollout of its fully-displayed stock market. Traders can now access approximately 6,000 National Market System (NMS) securities through both ISE’s non-displayed liquidity pool, MidPoint Match, and its displayed market. Among the symbols traded are all securities that comprise the S&P 1500 and Russell 3000.
The ISE Stock Exchange introduced its displayed market on 8 December 2006, and has aggressively added securities in advance of the 5 March 2007 implementation date for the Reg NMS Order Protection Rule. The ISE Stock Exchange is fully compliant with Reg NMS and currently offers route-out capabilities for displayed market orders at no additional fee. The ISE Stock Exchange is a completely automated market place that offers high-speed order execution capabilities, a competitive pricing structure, and neutral access rules.