diff --git a/modules/angular2/src/render/dom/compiler/compile_control.js b/modules/angular2/src/render/dom/compiler/compile_control.js
index 89faa46e03..facc8cb84a 100644
--- a/modules/angular2/src/render/dom/compiler/compile_control.js
+++ b/modules/angular2/src/render/dom/compiler/compile_control.js
@@ -13,6 +13,8 @@ export class CompileControl {
   _parent:CompileElement;
   _results;
   _additionalChildren;
+  _ignoreCurrentElement: boolean;
+
   constructor(steps) {
     this._steps = steps;
     this._currentStepIndex = 0;
@@ -27,14 +29,21 @@ export class CompileControl {
     var previousStepIndex = this._currentStepIndex;
     var previousParent = this._parent;
 
-    for (var i=startStepIndex; i<this._steps.length; i++) {
+    this._ignoreCurrentElement = false;
+
+    for (var i = startStepIndex;
+         i < this._steps.length && !this._ignoreCurrentElement;
+         i++) {
       var step = this._steps[i];
       this._parent = parent;
       this._currentStepIndex = i;
       step.process(parent, current, this);
       parent = this._parent;
     }
-    ListWrapper.push(results, current);
+
+    if (!this._ignoreCurrentElement) {
+      ListWrapper.push(results, current);
+    }
 
     this._currentStepIndex = previousStepIndex;
     this._parent = previousParent;
@@ -55,4 +64,14 @@ export class CompileControl {
     }
     ListWrapper.push(this._additionalChildren, element);
   }
+
+  /**
+   * Ignores the current element.
+   *
+   * When a step call [ignoreCurrentElement], no further steps are executed on the current
+   * element and no [CompileElement] is added to the result list.
+   */
+  ignoreCurrentElement() {
+    this._ignoreCurrentElement = true;
+  }
 }
diff --git a/modules/angular2/src/render/dom/compiler/compile_element.js b/modules/angular2/src/render/dom/compiler/compile_element.js
index 8451be3d73..e7ebf3467b 100644
--- a/modules/angular2/src/render/dom/compiler/compile_element.js
+++ b/modules/angular2/src/render/dom/compiler/compile_element.js
@@ -18,7 +18,6 @@ export class CompileElement {
   distanceToInheritedBinder:number;
   inheritedElementBinder:ElementBinderBuilder;
   compileChildren: boolean;
-  ignoreBindings: boolean;
   elementDescription: string; // e.g. '<div [class]="foo">' : used to provide context in case of error
 
   constructor(element, compilationUnit = '') {
@@ -34,8 +33,6 @@ export class CompileElement {
     this.inheritedElementBinder = null;
     this.distanceToInheritedBinder = 0;
     this.compileChildren = true;
-    // set to true to ignore all the bindings on the element
-    this.ignoreBindings = false;
     // description is calculated here as compilation steps may change the element
     var tplDesc = assertionsEnabled()? getElementDescription(element) : null;
     if (compilationUnit !== '') {
diff --git a/modules/angular2/src/render/dom/compiler/property_binding_parser.js b/modules/angular2/src/render/dom/compiler/property_binding_parser.js
index 1383c57de5..978853230e 100644
--- a/modules/angular2/src/render/dom/compiler/property_binding_parser.js
+++ b/modules/angular2/src/render/dom/compiler/property_binding_parser.js
@@ -30,10 +30,6 @@ export class PropertyBindingParser extends CompileStep {
   }
 
   process(parent:CompileElement, current:CompileElement, control:CompileControl) {
-    if (current.ignoreBindings) {
-      return;
-    }
-
     var attrs = current.attrs();
     var newAttrs = MapWrapper.create();
 
diff --git a/modules/angular2/src/render/dom/compiler/text_interpolation_parser.js b/modules/angular2/src/render/dom/compiler/text_interpolation_parser.js
index 1a056c138d..2758ae55fc 100644
--- a/modules/angular2/src/render/dom/compiler/text_interpolation_parser.js
+++ b/modules/angular2/src/render/dom/compiler/text_interpolation_parser.js
@@ -19,7 +19,7 @@ export class TextInterpolationParser extends CompileStep {
   }
 
   process(parent:CompileElement, current:CompileElement, control:CompileControl) {
-    if (!current.compileChildren || current.ignoreBindings) {
+    if (!current.compileChildren) {
       return;
     }
     var element = current.element;
diff --git a/modules/angular2/src/render/dom/shadow_dom/shadow_dom_compile_step.js b/modules/angular2/src/render/dom/shadow_dom/shadow_dom_compile_step.js
index 8a42b9337e..3054ef5564 100644
--- a/modules/angular2/src/render/dom/shadow_dom/shadow_dom_compile_step.js
+++ b/modules/angular2/src/render/dom/shadow_dom/shadow_dom_compile_step.js
@@ -23,12 +23,9 @@ export class ShadowDomCompileStep extends CompileStep {
   }
 
   process(parent:CompileElement, current:CompileElement, control:CompileControl) {
-    if (current.ignoreBindings) {
-      return;
-    }
     var tagName = DOM.tagName(current.element).toUpperCase();
     if (tagName == 'STYLE') {
-      this._processStyleElement(current);
+      this._processStyleElement(current, control);
     } else if (tagName == 'CONTENT') {
       this._processContentElement(current);
     } else {
@@ -39,17 +36,20 @@ export class ShadowDomCompileStep extends CompileStep {
     }
   }
 
-  _processStyleElement(current) {
-    current.ignoreBindings = true;
+  _processStyleElement(current:CompileElement, control:CompileControl) {
     var stylePromise = this._shadowDomStrategy.processStyleElement(
       this._template.componentId, this._template.absUrl, current.element
     );
     if (isPresent(stylePromise) && PromiseWrapper.isPromise(stylePromise)) {
       ListWrapper.push(this._subTaskPromises, stylePromise);
     }
+
+    // Style elements should not be further processed by the compiler, as they can not contain
+    // bindings. Skipping further compiler steps allow speeding up the compilation process.
+    control.ignoreCurrentElement();
   }
 
-  _processContentElement(current) {
+  _processContentElement(current:CompileElement) {
     if (this._shadowDomStrategy.hasNativeContentElement()) {
       return;
     }
diff --git a/modules/angular2/test/render/dom/compiler/pipeline_spec.js b/modules/angular2/test/render/dom/compiler/pipeline_spec.js
index ff88cc840a..3fec0d348e 100644
--- a/modules/angular2/test/render/dom/compiler/pipeline_spec.js
+++ b/modules/angular2/test/render/dom/compiler/pipeline_spec.js
@@ -80,6 +80,19 @@ export function main() {
       expect(results[3].inheritedElementBinder.parent).toBe(results[0].inheritedElementBinder);
     });
 
+    it('should not execute further steps when ignoreCurrentElement has been called', () => {
+      var element = el('<div id="1"><span id="2" ignore-current></span><span id="3"></span></div>');
+      var logs = [];
+      var pipeline = new CompilePipeline([
+        new IgnoreCurrentElementStep(),
+        createLoggerStep(logs),
+      ]);
+      var results = pipeline.process(element);
+
+      expect(results.length).toBe(2);
+      expect(logs).toEqual(['1', '1<3'])
+    });
+
     describe('control.addParent', () => {
       it('should report the new parent to the following processor and the result', () => {
         var element = el('<div id="1"><span wrap0="1" id="2"><b id="3"></b></span></div>');
@@ -188,6 +201,15 @@ export class IgnoreChildrenStep extends CompileStep {
   }
 }
 
+class IgnoreCurrentElementStep extends CompileStep {
+  process(parent:CompileElement, current:CompileElement, control:CompileControl) {
+    var attributeMap = DOM.attributeMap(current.element);
+    if (MapWrapper.contains(attributeMap, 'ignore-current')) {
+      control.ignoreCurrentElement();
+    }
+  }
+}
+
 function logEntry(log, parent, current) {
   var parentId = '';
   if (isPresent(parent)) {
@@ -223,4 +245,4 @@ function resultIdLog(result) {
     logEntry(idLog, null, current);
   });
   return idLog;
-}
\ No newline at end of file
+}
diff --git a/modules/angular2/test/render/dom/compiler/property_binding_parser_spec.js b/modules/angular2/test/render/dom/compiler/property_binding_parser_spec.js
index e7060d2ba0..a880493f93 100644
--- a/modules/angular2/test/render/dom/compiler/property_binding_parser_spec.js
+++ b/modules/angular2/test/render/dom/compiler/property_binding_parser_spec.js
@@ -11,10 +11,9 @@ var EMPTY_MAP = MapWrapper.create();
 
 export function main() {
   describe('PropertyBindingParser', () => {
-    function createPipeline(ignoreBindings = false, hasNestedProtoView = false) {
+    function createPipeline(hasNestedProtoView = false) {
       return new CompilePipeline([
         new MockStep((parent, current, control) => {
-          current.ignoreBindings = ignoreBindings;
           if (hasNestedProtoView) {
             current.bindElement().bindNestedProtoView(el('<template></template>'));
           }
@@ -22,18 +21,13 @@ export function main() {
         new PropertyBindingParser(new Parser(new Lexer()))]);
     }
 
-    function process(element, ignoreBindings = false, hasNestedProtoView = false) {
+    function process(element, hasNestedProtoView = false) {
       return ListWrapper.map(
-        createPipeline(ignoreBindings, hasNestedProtoView).process(element),
+        createPipeline(hasNestedProtoView).process(element),
         (compileElement) => compileElement.inheritedElementBinder
       );
     }
 
-    it('should not parse bindings when ignoreBindings is true', () => {
-      var results = process(el('<div [a]="b"></div>'), true);
-      expect(results[0]).toEqual(null);
-    });
-
     it('should detect [] syntax', () => {
       var results = process(el('<div [a]="b"></div>'));
       expect(MapWrapper.get(results[0].propertyBindings, 'a').source).toEqual('b');
@@ -64,13 +58,13 @@ export function main() {
     });
 
     it('should store variable binding for a template element on the nestedProtoView', () => {
-      var results = process(el('<template var-george="washington"></p>'), false, true);
+      var results = process(el('<template var-george="washington"></p>'), true);
       expect(results[0].variableBindings).toEqual(EMPTY_MAP);
       expect(MapWrapper.get(results[0].nestedProtoView.variableBindings, 'washington')).toEqual('george');
     });
 
     it('should store variable binding for a non-template element using shorthand syntax on the nestedProtoView', () => {
-      var results = process(el('<template #george="washington"></template>'), false, true);
+      var results = process(el('<template #george="washington"></template>'), true);
       expect(results[0].variableBindings).toEqual(EMPTY_MAP);
       expect(MapWrapper.get(results[0].nestedProtoView.variableBindings, 'washington')).toEqual('george');
     });
diff --git a/modules/angular2/test/render/dom/compiler/text_interpolation_parser_spec.js b/modules/angular2/test/render/dom/compiler/text_interpolation_parser_spec.js
index 39cf15a5e9..0e3ff7722d 100644
--- a/modules/angular2/test/render/dom/compiler/text_interpolation_parser_spec.js
+++ b/modules/angular2/test/render/dom/compiler/text_interpolation_parser_spec.js
@@ -3,24 +3,20 @@ import {TextInterpolationParser} from 'angular2/src/render/dom/compiler/text_int
 import {CompilePipeline} from 'angular2/src/render/dom/compiler/compile_pipeline';
 import {MapWrapper, ListWrapper} from 'angular2/src/facade/collection';
 import {Lexer, Parser} from 'angular2/change_detection';
-import {CompileElement} from 'angular2/src/render/dom/compiler/compile_element';
-import {CompileStep} from 'angular2/src/render/dom/compiler/compile_step'
-import {CompileControl} from 'angular2/src/render/dom/compiler/compile_control';
 import {IgnoreChildrenStep} from './pipeline_spec';
 
 export function main() {
   describe('TextInterpolationParser', () => {
-    function createPipeline(ignoreBindings = false) {
+    function createPipeline() {
       return new CompilePipeline([
-        new MockStep((parent, current, control) => { current.ignoreBindings = ignoreBindings; }),
         new IgnoreChildrenStep(),
         new TextInterpolationParser(new Parser(new Lexer()))
       ]);
     }
 
-    function process(element, ignoreBindings = false) {
+    function process(element) {
       return ListWrapper.map(
-        createPipeline(ignoreBindings).process(element),
+        createPipeline().process(element),
         (compileElement) => compileElement.inheritedElementBinder
       );
     }
@@ -30,11 +26,6 @@ export function main() {
       expect(elementBinder.textBindingIndices[bindingIndex]).toEqual(nodeIndex);
     }
 
-    it('should not look for text interpolation when ignoreBindings is true', () => {
-      var results = process(el('<div>{{expr1}}<span></span>{{expr2}}</div>'), true);
-      expect(results[0]).toEqual(null);
-    });
-
     it('should find text interpolation in normal elements', () => {
       var result = process(el('<div>{{expr1}}<span></span>{{expr2}}</div>'))[0];
       assertTextBinding(result, 0, 0, "{{expr1}}");
@@ -69,14 +60,3 @@ export function main() {
     });
   });
 }
-
-class MockStep extends CompileStep {
-  processClosure:Function;
-  constructor(process) {
-    super();
-    this.processClosure = process;
-  }
-  process(parent:CompileElement, current:CompileElement, control:CompileControl) {
-    this.processClosure(parent, current, control);
-  }
-}