ISE Files Suit To List Dow Jones, S&P Options

Law360, New York (November 3, 2006, 12:00 AM EST) -- The International Securities Exchange is continuing its fight to compete with the Chicago Board Options Exchange, filing a lawsuit alleging that it should be able to list the Dow Jones Industrial Average and Standard & Poor’s 500 index options without a license.

Both indexes have denied the ISE a license, the lawsuit alleges. The suit, filed on Thursday in the Southern District of New York against Dow Jones and S&P, seeks to end the exclusive listing of certain index options.

Currently, the CBOE holds licensing agreements...
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