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Boston Options Exchange Boosts Sales & Marketing Efforts - Todd Rich Joins As Director Of Sales & Marketing

Date 19/05/2008

The Boston Options Exchange (BOX) announced today Todd Rich has joined as the new director of sales & marketing.

Rich brings more than 15 years of industry expertise to BOX. Most recently, he served as the director of sales for the U.S. Futures Exchange. Rich was also a former options market maker at the Chicago Board Options Exchange (CBOE) and previously served as the director of business development for Eurex U.S.

“Todd Rich is a great addition to the BOX team; he has a deep understanding of the options industry and the diverse needs of its participants,” said Scott Morris, BOX CEO.

“Todd will help BOX lead the industry to greater efficiency, transparency and fairness for all market participants.”

“Throughout my career in options, I have viewed BOX as an innovator and the leader in best practices for the customer,” said Todd Rich. “It is a great opportunity for me to be able to communicate the benefits of BOX’s price improvement model, make-or-take pricing and any future developments.”

Rich reports to Alan Grigoletto, vice president of business development and marketing, who has led BOX’s business development and marketing team since its inception.