In the month of January, price improved contracts on BOX Options Exchange (“BOX”) averaged 339,088 per day, which represented a 253% increase over the same period last year. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $734,912 per day, while total savings to investors this month was $14.7M. With this, BOX has saved investors over $586M since its inception in 2004. Overall average daily trading volume on BOX in the month of January was 495,689 contracts, which represented a 59% increase over the same period last year.
FTSE Mondo Visione Exchanges Index:
BOX Price Improvement Activity For January
Date 05/02/2015