ISE said that the deployment of the Optimise, developed by technology teams at Deutsche Borse and ISE, will significantly improve the latency profile of its trading system and offer enhanced functionality to member firms.
ISE chief information officer Daniel Friel said that the Optimise launch positions ISE at the forefront of global exchange technology.
"The system achieves the ideal blend of speed, capacity and rich functionality that are three critical differentiators in the highly competitive US options industry," Friel said.
ISE said that the Optimise launch began with ten symbols that trade in ISE’s second market and the migration of symbols in its primary market will commence in May, with the full roll out expected to complete by the end of July.