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Justices stay out of stock market indexes copyright fight

2013-05-13T134319Z_1_CBRE94C124F00_3_USA-COURT-HUMAN-RIGHTS.JPG

 (Copyright Reuters 2013)

The Supreme Court on Monday declined to consider a dispute over CBOE Holdings Inc's long-running legal battle to prevent rival International Securities Exchange from listing options on the Standard & Poor's 500 Index and the Dow Jones Industrial Average.

International Securities Exchange LLC (ISE), a national securities exchange that specializes in the trading of options contracts, is fighting an injunction that prevented it from listing S&P 500 and Dow Jones options, which are licensed exclusively to CBOE by McGraw-Hill Financial Inc and CME Group Inc's index services.

(Reporting by Lawrence Hurley; Editing by Howard Goller)