The International Securities Exchange Inc. announced that it has priced a secondary offering of Class A common stock at US$30 per share.

The ISE is an options trading exchange, that was founded on the principle that technology fosters new efficiencies and operational innovations into securities trading. After developing a 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.

The offering consists of 8 million shares, all of which were sold by existing stockholders. The ISE will not receive any proceeds from the sale of the shares. In addition the underwriters may also purchase up to an additional 1.2 million shares from existing stockholders by Jan. 6, 2006.

Goldman, Sachs & Co. and UBS Investment Bank are the joint book-running managers of the offering. Banc of America Securities LLC, Bear, Stearns & Co. Inc., Deutsche Bank Securities, Merrill Lynch & Co. and Morgan Stanley are co-managers, with Keefe, Bruyette & Woods and Sandler O’Neill & Partners, L.P. serving as junior co-managers.