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...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.