In the month of November, price improved contractson BOX Options Exchange (“BOX”) averaged 210,140 per day, which represented a 45% increase over the same period last year. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $346,858 per day, while total savings to investors this month was $6.6M. With this, BOX has saved investors over $562M since its inception in 2004. Overall average daily trading volume on BOX in the month of November was 329,288 contracts, which represented a 5% decrease over the same period last year.
FTSE Mondo Visione Exchanges Index:
BOX Options Exchange Price Improvement Activity For November
Date 02/12/2014
