ISE to offer equity options on Facebook on May 29

Reuters News
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Posted: May 15, 2012 3:23 PM

(Reuters) - The International Securities Exchange said it plans to offer equity options on Facebook on May 29, the company said on Tuesday, a week after the debut of its much anticipated initial public offering on Friday.

Other U.S. options exchanges are expected to follow suit. The options listing date is contingent upon a successful completion of Facebook's IPO. ISE is owned by derivatives exchange Eurex, which is co-owned by Deutsche Boerse.

(Reporting by Doris Frankel)