Direct Edge and International Securities Exchange Complete Partnership Transaction
ISE Stock Exchange Becomes Direct Edge
Subsidiary J.P. Morgan Increases Direct Edge Investment
JERSEY CITY, NJ & NEW YORK, NY December 23, 2008—Direct Edge Holdings, the parent company of Direct Edge ECN, and the International Securities Exchange (ISE) announced today that they have completed the transaction through which the ISE Stock Exchange has become a wholly owned subsidiary of Direct Edge. Upon completion of the transaction, ISE also gained a significant equity stake in Direct Edge. For more information, click here.
-
To read the August 22, 2008 transaction announcement, click here.
-
To download the August 22, 2008 press briefing presentation, click here. |