Boston Options Exchange Breaks Trading Volume And Price Improvement Records
Date 31/10/2005
Average daily volume for October, 2005 was 454,184 contracts, an increase of 34.5% over the previous month and of 159.8% over the same month in 2004. Average daily volume for contracts which received price improvement reached 73,170 contracts and average improvement per contract is estimated at $2.58, both of which are records. Total savings to investors from the PIP for the month is estimated at $4,200,000.