BOX Options Market: Trade Management System For Clearing Operations

Beginning December 5, 2022, BOX Options Market LLC (“BOX”) will offer BOX’s Trade Management System (“TMS”) application to Participants. The TMS will allow Participants to perform post-trade clearing operations and create and maintain Give-Ups in real-time. Additionally, BOX will assess Participants a TMS subscription fee of $350 per month, per user.¹

This is an optional service and the current BOX processes² for post-trade clearing will not be impacted.

To subscribe to BOX’s TMS, please contact the Market Operations Center at (866) 768-8845 or by e-mail at BOXMOC@boxoptions.com.

1. Pending regulatory approval. 
2. BOX Participants may submit post-trade clearing via FTP upload or manually through the MOC.