BOX Options Exchange Price Improvement For March

In the month of March price improved contracts on BOX Options Exchange (“BOX”) averaged 340,567 per day. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $663,135 per day, while total savings to investors in March was $14.59M. With this, BOX has saved investors over $751M since its inception in 2004. Overall average daily trading volume on BOX in the month of March was 455,360 contracts.

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