(PRWEB) January 23, 2006
Cronus Capital Markets (CCM), a leading research and consulting firm relating to the nanotechnology sector, and the International Securities Exchange, the largest equity options exchange in the world, have jointly developed the benchmark equity index to represent the nanotechnology industry to sector investors, the ISE-CCM Nanotechnology Index.
"The ISE-CCM Indexes offer investors an opportunity to gain exposure to up and coming sector investments like nanotechnology. We remain at the forefront in developing and launching innovative indices to anticipate market demand," said Bruce D. Goldberg, ISE's Chief Marketing Officer. "Our second collaboration with Cronus Capital Markets continues our record of innovation in the options market and adds to ISE’s portfolio of unique, proprietary sector index options, to provide investors with additional trading strategies for managing their portfolios."
The ISE-CCM Nanotechnology Index was conceived as a way to provide sector investors with exposure to the nanotechnology industry, which involves the science and technology of building electronic circuits and devices from single atoms and molecules. Nanotechnology specifically covers matter size of 1 to 100 nanometers (a nanometer is a billionth of a meter). Applications involve the intended ability to manipulate materials to fundamentally improve processes, materials and devices on an ‘atomic’ scale, with virtually unlimited research and development opportunities. Fields actively studying nanotechnology include:
Michael Soni, CCM’s President and CEO, stated that the ISE-CCM Nanotechnology Index is a necessary development for the still nascent sector. "Investors will have a direct avenue in which to track and participate in the growth of this new and important sector investment opportunity," said Soni.
The ISE-CCM Nanotechnology Index includes top some of the largest, most liquid, and most mature nanotechnology companies within this sector, such as Symyx Tech (NASDAQ: SMMX), FEI Co. (NASDAQ: FEIC), Accelrys (NASDAQ: ACCL), and MTS Systems (NASDAQ: MTSC).Options on the ISE-CCM Nanotechnology Index started trading Tuesday, January 10th, under the symbol TNY on the ISE, with Timber Hill LLC acting as primary market maker.
About International Securities Exchange (ISE)
ISE, the world's largest equity options exchange, was founded on the principle that technology fosters and infuses new efficiencies and operational innovations into securities trading. After developing an innovative market structure that integrated auction market principles into an advanced screen-based trading system, ISE launched the first fully electronic US options exchange in May 2000. ISE continually enhances its trading systems to provide investors with the best marketplace to execute their options orders. (http://www.iseoptions.com)
About Cronus Capital Markets (CCM)
Cronus Capital Markets (http://www.cronuscapitalmarkets.com) is an opportunity-focused financial market research and consulting firm. CCM collaborates with its clients and partners to ensure high quality, credible, and independent sector investment research is produced and made widely available. CCM is a leading provider of sector investment research and media to the global investment community, reaching millions of sector investors in North America, Europe, and Asia.
CCM Consulting is committed to achieving results and delivers innovative solutions and insights to its clients to help them become more successful companies and institutional investors. Drawing on deep capital market expertise and strong partnerships, CCM can mobilize the proper resources to help clients improve their performance.