ISE results give mixed picture

31 Jul 2006

International Securities Exchange (ISE)'s quarterly results showed an increase in revenue and profit but a less impressive picture on market share and rate per contract.

The...

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"For exchange-traded derivative markets, the monopoly of middle and back office providers is likely to be challenged. Historically, the three incumbent providers have been largely unchallenged due to widely held fears of ‘migration risk’."

Clive Furness, MD, Contango Markets