ISE Announces Successful Launch of ISE FX Options(TM)

  
    
  
  
    
      The International Securities Exchange (NYSE: ISE) today announced the 
      successful launch of trading in ISE 
      FX Options. Four currency pairs began trading yesterday on ISE’s 
      options exchange: U.S. Dollar/Euro (Symbol: EUI), U.S. Dollar/British 
      Pound (Symbol: BPX), U.S. Dollar/Japanese Yen (Symbol: YUK), and U.S. 
      Dollar/Canadian Dollar (Symbol: CDD). All four options classes traded 
      with an aggregate volume of 101 contracts.
    
    
      ISE FX Options provide investors with a new product to gain 
      exposure to movements in the global foreign currency markets and allow 
      traders to express their views on the strength or weakness of the U.S. 
      dollar. As exchange-listed securities, ISE FX Options can be 
      easily accessed through most major brokerage accounts that are approved 
      for trading equity and index options. These products will be 
      cash-settled and have European style exercise.
    
    
      To learn more about how to trade ISE FX Options, investors should 
      contact their broker for a complimentary copy of an interactive video 
      tutorial developed by ISE and Optionetics, Inc., a leading options 
      education firm. Investors may also view the Introducing ISE FX 
      Options webinar online at their convenience at www.iseoptions.com/education/presentations/webinars_archive.aspx.
    
    
      For more information, please visit www.isefxoptions.com.
    
    
      ISE Background
    
    
      International Securities Exchange Holdings, Inc. (NYSE: ISE), through 
      its subsidiaries, operates a family of innovative securities markets. 
      ISE is founded on the principle that technology and competition create 
      better, more efficient markets for investors and consists of an options 
      exchange, a stock exchange and an alternative markets platform. ISE 
      continually enhances its trading systems and develops new products to 
      provide investors with the best marketplace and investment tools to 
      trade smarter.
    
    
      ISE developed a unique market structure for advanced screen-based 
      trading systems and in May 2000 launched the first fully electronic US 
      options exchange. Currently, ISE operates the largest U.S. equity 
      options exchange and is among the leading options exchanges in the 
      world. ISE offers index options, including a portfolio of proprietary 
      index products, and enhanced market data products for sophisticated 
      investors. ISE FX Options™ launched in the 
      second quarter of 2007.
    
    
      ISE Stock Exchange, launched in September 2006 with strategic partners, 
      includes an innovative MidPoint Match™ 
      platform which offers investors continuous price improvement. MidPoint 
      Match was integrated with a fully displayed Best Bid Offer market in the 
      fourth quarter of 2006.
    
    
      ISE’s alternative markets business currently 
      consists of an events market trading platform known as Longitude. 
      Longitude’s patented and proprietary 
      technology provides a unique parimutuel structure for derivatives 
      auctions which results in greater trading and pricing flexibility for 
      market participants.
    
    
      For more information about ISE and its options exchange, visit www.iseoptions.com 
      and for more information about ISE Stock Exchange, visit www.isestock.com. 
      Additionally, to learn more about ISE alternative markets technology, 
      visit www.longitude.com.
    
    
      Forward Looking Statements
    
    
      Certain matters discussed in this press release are “forward 
      looking statements” intended to qualify for 
      the safe harbor from liability established by the Private Securities 
      Litigation Reform Act of 1995. These statements relate to future events 
      or our future financial performance, and involve known and unknown 
      risks, uncertainties and other factors that may cause our actual 
      results, levels of activity, performance or achievements, to be 
      materially different from those contemplated by the forward looking 
      statements. We undertake no ongoing obligation, other than that imposed 
      by law, to update these statements. Factors that could affect our 
      results, levels of activity, performance or achievements and cause them 
      to materially differ from those contained in the forward looking 
      statements can be found in our filings with the Securities and Exchange 
      Commission, including our annual report on Form 10-K, current reports on 
      Form 8-K and quarterly reports on Form 10-Q, as amended.