The list of Wall Street investors in the
International Securities Exchange
( ISE) just got a little longer.
The New York-based options exchange said Monday that
Van de Moolen
( VDM) each have taken an equity stake in the company's newly planned stock exchange. ISE did not disclose how big a stake each of the financial firms will have in the new exchange.
Earlier this year, the ISE announced plans to launch a new stock exchange called ICE Stock Exchange. At that time, ISE said
JP Morgan Chase
were all joining as equity investors in the new venture.
ISE went public a little over a year ago. The company's new electronic stock exchange is expected to open for business later this year.
In early trading, shares of ISE were down 2 cents to $38.44.