ISE Barred From Peddling Dow Jones, S&P 500 Options

Law360, New York (July 8, 2010, 5:24 PM EDT) -- An Illinois judge on Thursday ruled for the Chicago Board of Options Exchange in a multibillion-dollar contract fight with a competitor, the International Securities Exchange LLC, which was seeking to end the CBOE's exclusivity in the market for options trades on two well-known indexes.

The ISE is now permanently enjoined from listing or providing an exchange market for the trading of Dow Jones Industrial Average and Standard & Poor’s 500 Index options, according to Cook County Circuit Court Judge William Maki's ruling, which also denied the...
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