Dow Jones granted temporary restraining order against ISE

Dow Jones Indexes, which licenses the index, was granted an extension of a temporary restraining order last week. In addition to the aspect pertaining to the ISE, the order bars the Options Clearing Corporation (OCC) from clearing these options unless it obtains a license. Dow Jones Indexes currently has an exclusive licensing relationship with the Chicago Board Options Exchange (CBOE).

“Dow Jones Indexes will defend its intellectual property rights vigorously," said Michael Petronella, president

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