In the month of February, price improved contracts on BOX Options Exchange (“BOX”) averaged 107,060 per day, which represented a 10% increase over the previous month. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $304,880 per day, while total savings to investors this month was $5.8MM. With this, BOX has saved investors over $478 MM since its inception in 2004. Overall average daily trading volume on BOX in the month of February was 311,467 contracts.
FTSE Mondo Visione Exchanges Index:
BOX Options Exchange Price Improvement Activity For February
Date 04/03/2014