The International Securities Exchange Holdings, Inc. has reported that their fourth quarter net income increased by 51.3 percent to USD15.1 million, or USD0.38 per share. This compares to usd10.0 million, or USD0.26 per share, for the same period in 2005.
“We ended the year with another strong quarter of continued growth in our average daily volume and the successful implementation of our new business initiatives,” says David Krell, the President and Chief Executive Officer of the ISE. “For the first time in our history, we posted average daily volumes in excess of two million contracts for each quarter and for the full year. We also made steady progress in building our new equities business, the ISE Stock Exchange, as we further expanded into new markets beyond our options business. The successful launch of our fully-displayed market was an important milestone as we prepare for the regulatory and competitive changes that we anticipate will occur later this year.”