International Securities Exchange Inc (ISE)

All Comments on ISE

  • commenter
    SeekingAlpha
    Editors
    Apr 06 05:18 AM
    My Website
    General Discussion on ISE
    Is this a buy or a sell? Reply
  • commenter
    Jul 06 10:40 PM
    Awaiting A Global Exchange ETF [view article]
    Hi Mark,
    Apologies!
    Reply
  • commenter
    Jul 05 11:23 PM
    My Website
    Awaiting A Global Exchange ETF [view article]
    I think/wonder whether a product just consisting of global exchanges could be created that wasn't an ETF. I don;t know if the HOLDRs structure would be better or any other product structure.

    I did not see the <em>Fast Money</em> bit mentioned above but based on the comment it sounds like it misses this point. If there is demand for a theme, find the right wrapper.
    Reply
  • commenter
    Jul 05 10:04 PM
    My Website
    Awaiting A Global Exchange ETF [view article]
    Hi Satoh,
    As far as I know, there isn't one. The above example provided by Andrew includes brokers, asset managers, and exchanges (it's not a pure play gobal exchange ETF).
    Reply
  • commenter
    Jul 05 09:03 PM
    Awaiting A Global Exchange ETF [view article]
    You didn't check if there was a Global Exchange ETF out there before writing the article? Reply
  • commenter
    Jul 05 07:09 PM
    Awaiting A Global Exchange ETF [view article]
    I was watching CNBC Fast Money yesterday and they discussed this with a guy from Ishares. The problem area is that "funds" cannot have more than 25% of its holdings in a single stock so it makes an "all exchange" fund difficult. Reply
  • commenter
    Jul 05 06:48 PM
    My Website
    Awaiting A Global Exchange ETF [view article]
    Wow. Ask and ye shall receive. The power of Seeking Alpha. This is a broader based index than I had in mind, but a very useful one nonetheless. Thank you for bringing this to our attention. Too bad you can't put together an ETF consisting of smaller privately held exchanges. I would absolutely invest in an ETF like that because I envision explosive growth in this area as the smaller exchanges continue to be acquired by the bigger ones (seems like all the best investments are always privately held). Regardless, thank you very much for the information Andrew! Reply
  • commenter
    Jul 05 03:37 PM
    My Website
    Awaiting A Global Exchange ETF [view article]
    It was launched quietly last week. It is the Claymore/Clear Global Exchanges, Brokers and Asset Managers (EXB).
    Please note he construction and constituents at www.clearindexes.com/I...;sub=3.
    Disclosure: my firm publishes the index and has the analytics.
    Reply
  • commenter
    Dec 29 11:24 AM
    A Look At Stock Exchange Stocks [view article]
    As well, I personally own NYX, in interest of full disclosure. Reply
  • commenter
    Dec 28 11:20 AM
    My Website
    A Look At Stock Exchange Stocks [view article]
    Thanks for your compliments. In the interest of full disclosure, I own shares in NYX. Reply
  • commenter
    Dec 28 10:24 AM
    A Look At Stock Exchange Stocks [view article]
    I am a huge fan of the stock exchange stocks and have been following them for awhile. I think you put a great article together showing the sheer growth in the industry. Thanks for your research, it will be very useful. Reply
  • commenter
    Nov 08 07:31 PM
    My Website
    International Securities Exchange Launches Natural Gas Index [view article]
    Who needs an ETF?

    Buy at-the-money calls. Sell at-the-money puts. Voila, you are long index futures. Index futures are like an ETF, except better. One, you don't pay fees, aside from commissions (and the ISE tightens markets like nobody's business). Two, you conserve margin, meaning you get favorable (implied) financing and even make interest on any cash balance you hold, as long as your broker doesn't suck. Three, at cocktail parties, you get to tell strangers that you have a synthetic long futures position in an index.

    ETFs are great when you can buy VTI for 7 bps. Something like this I guarantee will charge you 40, at which point there is no reason to own it.
    Reply
  • commenter
    SeekingAlpha
    Editors
    May 08 02:17 AM
    My Website
    One Page Barron's Summary [view article]
    Thanks Dan, fixed! Reply