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Diamonds in the rough: ISE does it again.(Trendlines)
From:
Futures (Cedar Falls, Iowa)
| Date:
July 1, 2005| Author:
McMahon, Chris
| COPYRIGHT 2005 Adams Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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When the six options exchanges in January worked out a deal to list options on Standard & Poor's Depository Receipts (Spiders) after the International Securities Exchange (ISE) announced plans to list them, there was little fear by the Chicago Board Options Exchange (CBOE) that options on Diamonds, an ETF based on the Dow Jones Industrial Average, would be next. After all, previously the ISE targeted options on Spiders because of ambiguity over licensing. Such was not the case with...
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