BOX Exchange (“BOX”) recently distributed RC-2020-15 which detailed the updates BOX is making to its SAIL Protocol. The new field will allow BOX to report timestamps to the CAT that are related to quote data on behalf of Market Makers. All BOX Market Makers will be required to support the new field.
Reminder: To validate the new field, BOX will host testing in the ISV environment during trading hours starting March 16th, 2020 until June 5th, 2020. The Exchange will be implementing this field into production the weekend of June 5th 2020 for a go live date of June 8th, 2020.
