ISE Announces Addition of Two New Board Members
May 11 2006 - 4:44PM
Business Wire
The International Securities Exchange (NYSE: ISE) announced today
that two new members are joining the Board of Directors. Peter J.
Bottini will serve as the representative of ISE's Electronic Access
Members (EAMs). Edward Boyle will serve as the representative of
ISE's Competitive Market Makers (CMMs). Mr. Bottini and Mr. Boyle
are replacing Brian Donnelley and John Koltes, who are leaving the
Board. Mr. Bottini is Executive Vice President of Trading/Customer
Service at optionsXpress, Inc, an online broker specializing in
options for the retail investor. He is responsible for all option,
equity, fixed income, and mutual fund trade executions and reviews,
block executions, margins, auto-trade, trading customer service,
routing, and order management. Mr. Bottini has been a market-maker
with a number of firms from 1993 until 2001. He is currently on the
SIA Options Committee and Chairman of the ISE Allocation Committee.
Active in the Chicago community, Mr. Bottini is a current member of
the St. Josaphat School Board. He graduated from the University of
Notre Dame in 1991. Mr. Boyle has been Vice President, Equity
Derivatives of TD Securities' Derivative Equities Group for the
past 4 years. Prior to joining TD Securities, Mr. Boyle was the
Managing Director responsible for business development and
marketing for the LETCO trading companies. Mr. Boyle was also a
principal of an execution services company and of an options
specialist firm. Mr. Boyle has served on many industry and exchange
committees during pivotal times. His roster of committee
participation has been far-ranging including new product
development, financial and marketing committees on stock and
options exchanges, as well as industry committees, including the
SIA options committees. "We are pleased to welcome both Ed and Pete
as new members of the Board. Both are industry veterans with great
insight into the markets and we are delighted to have them join
ISE's Board of Directors," said David Krell, President and Chief
Executive Officer of ISE. ISE Background The International
Securities Exchange (ISE) is an innovative securities market,
founded on the principle that technology and competition create
better, more efficient markets for investors. ISE is the largest
equity options exchange and is among the leading options exchanges
in the world. ISE developed a unique market structure for advanced
screen-based trading systems and in May 2000 launched the first
fully electronic US options exchange. The ISE Stock Exchange LLC
will launch in the third quarter of 2006 with strategic partners,
offering an innovative MidPoint Match platform, followed by a fully
integrated displayed Best Bid Offer (BBO) market in the fourth
quarter. ISE is also a majority owner of Longitude LLC, an
innovative platform for events markets trading, and offers enhanced
market data products for sophisticated investors. ISE continually
enhances its trading systems and develops new products, including
index options and market data, to provide investors with the best
marketplace and investment tools to trade smarter. For more
information about ISE, its options products and its technology,
visit www.iseoptions.com and for more information about the ISE
Stock Exchange LLC, visit www.isestock.com.
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