USFE | Spot Equivalent Futures | ISE Indexes | Morningstar 1. What types of investors will trade the ISE Sector Index futures? ISE Sector Index futures are designed for institutional and retail investors who want to speculate, hedge or balance equity portfolios according to specialized industries. 2. How can ISE Sector Index products help investors hedge positions in these industry sectors? USFE contracts based on ISE Sector Indexes enable investors to target very specific segments of the equity market. Companies in the select industries can hedge against industry performance. Additionally, ISE offers options on its Sector Indexes, providing arbitrage and trading opportunities 3. Does USFE intend to list contracts on the remaining ISE Sector Indexes? USFE is constantly reviewing new products to be offered on the exchange. At this time, we plan to evaluate the needs of the marketplace and track usage of currently-listed ISE Sector Index futures before opening contracts on the remaining indexes. 4. Do ETFs trade on the ISE products? In 2007, ISE announced a partnership with First Trust to launch exchange-traded funds based on ISE proprietary indexes, including ETFs on the ISE Gold™ Index, ISE Water™, ISE-Revere Natural Gas™ Index and ISE CHIndia™ Index. 5. Do options trade on the ISE products? Yes. ISE offers options contracts based on all of its Sector Indexes and other proprietary indexes. 6. Where can I find information about the underlying ISE Sector Indexes? A comprehensive description of ISE Sector Indexes is available here.