09.20.2012

ISE and MEB Options Introduce Spread Crawler

09.20.2012

NEW YORK, September 20, 2012 – The International Securities Exchange (ISE) today announced that it has partnered with MEB Options to introduce Spread CrawlerTM , a new tool that provides powerful insight through Instant Messaging (IM) into the entire universe of real-time actionable spread orders. This unique product aggregates streaming spread book data from all options exchanges and transmits individual, user-defined spread orders to subscribers via IM. Spread Crawler simplifies the monitoring of live spread book feeds, while displaying spreads that satisfy customized pre-defined parameters.

“Our partnership with MEB Options represents the first step in expanding ISE’s product offerings to include a suite of unique trading tools and analytical capabilities,” said Gary Katz, President and CEO of ISE. “MEB has developed a simple but powerful user tool that supports this high-growth segment of the options market, and we are extremely gratified that they selected ISE as a partner to expand the reach of this compelling product offering.”

“By partnering with ISE, we are able to tap into their sales expertise, front-line user support and marketing reach. These resources will enable Spread Crawler to reach its absolute potential in user base, productivity and service,” said Michael Barry, President of MEB Options.

“As spread trading continues to grow as a percentage of industry volume, Spread Crawler will offer subscribers a straightforward way to digest the enormous amount of spread order data produced by the exchanges,” said Boris Ilyevsky, Managing Director of ISE’s options exchange. “Spread Crawler will give investors accurate data tailored to their custom-set parameters for particular symbols or industry sectors, minimum/maximum sizes, edge and specific expirations.”

Spread Crawler is able to transmit messages through industry-standard IM programs such as AOL, MSN, Bloomberg, and Yahoo. It is available to all interested subscribers, including both ISE members and non-members, at the same fee* levels. To learn more about Spread Crawler, visit www.ISE.com/SpreadCrawler.

*Fees for Spread Crawler are subject to SEC approval.

About ISE
The International Securities Exchange (ISE) operates a leading U.S. options exchange and offers options trading on over 2,000 underlying equity, ETF, index, and FX products. As the first all-electronic options exchange in the U.S., ISE transformed the options industry by creating efficient markets through innovative market structure and technology. Regulated by the Securities and Exchange Commission (SEC) and a member-owner of OCC, ISE provides investors with a transparent marketplace for price and liquidity discovery on centrally cleared options products. ISE continues to expand its marketplace through the ongoing development of enhanced trading functionality, new products, and market data services. As a complement to its options business, ISE has expanded its reach into multiple asset classes through strategic investments in financial marketplaces and services that foster technology innovation and market efficiency. Through minority investments, ISE participates in the securities lending and equities markets. ISE also licenses its proprietary Longitude technology for trading in event-driven markets.

As a member of Eurex Group, ISE is combined with Eurex Exchange to form one of the largest transatlantic derivatives marketplaces, with daily trading volumes exceeding 10 million contracts in 2011 across a growing range of asset classes.

Eurex Group is comprised of Eurex Exchange, the International Securities Exchange, the European Energy Exchange, Eurex Clearing, Eurex Bonds and Eurex Repo.

Eurex Group is owned by Deutsche Börse AG (Xetra: DB1).

About MEB Options
MEB Options founded in 2001, is a Member of the ISE, FINRA, CBOE, NYSE Amex, NASDAQ OMX, SIPC, and the Financial Services Instant Messaging Association. Incorporated in the state of Delaware, MEB Options specializes in stock and index option strategy across all listed exchanges and whose aim is price discovery aided by providing liquidity through our client base. MEB recognized early in its history that technology would become the differentiating factor and has invested heavily in bringing 21st century methodology to the traditional brokerage model. MEB has developed exciting tools that allow their customers to personalize their search for actionable data in a complicated competitive exchange environment. MEB’s current model is product orientated remaining exchange neutral, broker neutral, providing targeted and filtered information for the end user.

MEDIA CONTACTS:
International Securities Exchange
Molly H. McGregor
212-897-0275
mmcgregor@ise.com

MEB Options LLC
Michael Barry
312-473-1258
MBarry@meboptions.com

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