In the month of February, price improved contracts on BOX Options Exchange (“BOX”) averaged 274,711 per day, which represented a 160% increase over the same period last year. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $799,411 per day, while total savings to investors this month was$15.1M. With this, BOX has saved investors over $601M since its inception in 2004. Overall average daily trading volume on BOX in the month of February was 413,707 contracts, which represented a 33% increase over the same period last year.
FTSE Mondo Visione Exchanges Index:
BOX Options Exchange Price Improvement Activity For February
Date 11/03/2015