BOX’s Price Improvement Monthly Savings To Investors - Surpass $6M For First Time, Launches 42 New Classes

In the month of November, price improvement versus the prevailing NBBO for contracts submitted via the Boston Options Exchange’s (“BOX”) price improvement auction (‘PIP’*) averaged $3.23 per contract. An average of 90,649 contracts per day received price improvement during the month. This represented savings to investors of $6.1 million, or $292,398 per day, making November the best month on record for both daily and monthly PIP savings. To date, BOX has saved investors over $95 million.