BOX Options Exchange Price Improvement Activity For September

In the month of September, price improved contracts on BOX Options Exchange (“BOX”) averaged 268,423 per day.  Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction (“PIP”) averaged $155,991 per day, while total savings to investors this month were $3.0 MM.  With this, BOX has saved investors over $401 MM since its inception in 2004.  Overall average daily trading volume on BOX in the month of September was 571,697 contracts.