ISE Launches Cross Market Speed Bump, Bolstering First Generation Risk Module

by Jeff Patterson
  • The International Securities Exchange (ISE) Holdings, Inc. has announced the launch of its Cross Market Speed Bump utility, which allows Market Makers to initiate a common risk threshold across both ISE and ISE Gemini.
ISE Launches Cross Market Speed Bump, Bolstering First Generation Risk Module
ISE

The International Securities Exchange (ISE) Holdings, Inc. has announced the launch of its Cross Market Speed Bump utility, which allows Market Makers to initiate a common risk threshold across both ISE and ISE Gemini.

ISE’s Cross Market Speed Bump, along with its earlier launched Market Wide Speed Bump are comprehensive Risk Management features across a variety of asset classes. The modules are designed to help facilitate market aggregation, fostering greater protection for users.

According to Boris Ilyevsky, Managing Director of ISE, in a statement on the launch, “Risk management is of utmost importance to our marketplace and to our exchange members. The Cross Market Speed Bump guards market makers against a technical disruption that may impact their quotes on both of our exchanges, and can help to limit the harm done to market participants by these types of events. We continually strive to be a leader in risk management, and the introduction of this important cross market risk management tool is a first for the industry.”

ISE

The International Securities Exchange (ISE) Holdings, Inc. has announced the launch of its Cross Market Speed Bump utility, which allows Market Makers to initiate a common risk threshold across both ISE and ISE Gemini.

ISE’s Cross Market Speed Bump, along with its earlier launched Market Wide Speed Bump are comprehensive Risk Management features across a variety of asset classes. The modules are designed to help facilitate market aggregation, fostering greater protection for users.

According to Boris Ilyevsky, Managing Director of ISE, in a statement on the launch, “Risk management is of utmost importance to our marketplace and to our exchange members. The Cross Market Speed Bump guards market makers against a technical disruption that may impact their quotes on both of our exchanges, and can help to limit the harm done to market participants by these types of events. We continually strive to be a leader in risk management, and the introduction of this important cross market risk management tool is a first for the industry.”

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
Head of Commercial Content
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