The International Securities Exchange launched a second options exchange, ISE Gemini, on August 5, its latest effort to gain an edge in the hyper-competitive equity options field. JLN editor Sarah Rudolph spoke with Boris Ilyevsky, managing director of ISE’s options exchanges, about the Gemini’s pricing structure and first offerings, the difference between ISE’s two venues and the equity options landscape. ISE Gemini traded 400 contracts on its first day, according to the OCC. Q: What is the rationale behind ISE Gemini’s pricing structure? A: Gemini will have a maker-taker style fee schedule where resting orders and market maker quotes earn…
A Chat with Boris Ilyevsky on ISE’s New Options Exchange, ISE Gemini Interview,Options
