The International Securities Exchange announced yesterday that it set a new record daily trading volume of 5,531,875 equity and index options contracts on Tuesday, February 27, 2007. The previous record for contracts handling was 4,580,678, and was set on January 20, 2006.
Trading volume in the Nasdaq-100 Index Tracking Stock also reached a new high
1,032,296 contracts traded on ISE, exceeding ISE’s previous record of 515,926
contracts set on January 20, 2006. The Nasdaq-100 Index Tracking Stock is one of the thirteen options classes that are part of an industry-wide pilot to quote and trade in penny increments and currently trades in one-cent increments at all prices.