ISE's options bonanza lures too many rivals; Market trailblazer is hurt by success as others eye the booming business.(News)

From: Investment News | Date: November 6, 2006 | Copyright information

Byline: Aaron Elstein

NEW YORK - In just nine years, International Securities Exchange Holdings Inc. has graduated from obscure startup to the nation's leading options marketplace.

By offering fast trading over sophisticated computer networks, the New York-based firm has been instrumental in transforming the options business.

Earnings and sales soared as ISE (ISE) seized a one-third share of trading, and its stock price has nearly tripled since the...