The International Securities Exchange (ISE) has recently began trading options on the following FocusShares exchange traded funds (ETFs) that track the performance of four of ISE’s unique proprietary indexes: FocusShares ISE-CCM Homeland Security Index Fund, FocusShares ISE SINdex Fund FocusShares ISE Homebuilders Index Fund and FocusShares ISE-Revere Wal-Mart Supplier Index Fund. Timber Hill LLC serves as the Primary Market Maker for all four of these new options.
“We are very pleased to add four new options products to the suite of complementary investment vehicles that are based on our unique sector indexes. Through our partnership with FocusShares, we are providing investors with exciting new products that enable them to trade their views on specialised and emerging market sectors,” says Kris Monaco, ISE’s director of New Product Development, ISE.
“ISE’s innovative indexes include only companies that derive a substantial portion of their revenues from a specific industry. The FocusShares ETFs based on these benchmarks provide investors with targeted exposure to each specific sector, and as our products gain momentum we are pleased that investors can now trade options on our ETFs as part of their trading strategy,” adds Erik Liik, CEO, FocusShares.