In the month of June, price improved contracts on BOX Options Exchange (“BOX”) averaged 287,807 per day, which represented a 54% increase over the same period last year. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $479,037 per day, while total savings to investors this month was$10.1MM. With this, BOX has saved investors over $516 MM since its inception in 2004. Overall average daily trading volume on BOX in the month of June was 415,359 contracts, which represented an 11% increase over the same period last year.
FTSE Mondo Visione Exchanges Index:
BOX Price Improvement Activity For June
Date 01/07/2014
