TD Securities will increase its market making capacity on the International Securities Exchange in the coming months, as part of its strategic plan to expand participation in the electronic options market in the U.S. The firm intends to activate its market maker memberships sequentially over several months until it has attained coverage in all of ISE’s listed issues.

Through its recent acquisition of the Stafford Trading Group and the LETCO Group, TDSI currently operates two Competitive Market Makers. “This is a unique opportunity for us to mobilize the market and technology expertise that provides a competitive advantage for our organization. We look forward to contributing on a higher level to the development of the ISE,” says Jason Marks, president of the Equity Options Group of TDSI.

Gary Katz, COO of ISE, says, “We are excited to have TD Securities step up its participation at the ISE. TD Securities Equity Options Group brings a high level of options trading expertise to ISE, as well as the potential for significant customer participation through its affiliates TD Waterhouse and the other business areas of TD Securities.”