“To have a firm of Morgan Stanley’s caliber invest in BOX is a tremendous vote of confidence in our innovative market model,” said Kenneth Leibler, Chairman of BOX. “The interest of Morgan Stanley is part of the trend we have seen with BOX continuing to grow both in terms of the number of active participants and volume.”
"We are impressed with the trading technology and competitive cost structure that BOX provides,” said Jim Bedell, Managing Director at Morgan Stanley.
“There is no question interest in the options industry regarding BOX continues to rise. We have already proven we are an important addition to the marketplace and are looking forward to significant growth over the coming months as more firms connect to us,” said Will Easley, managing director of BOX. “In fewer than six months, we have launched 250 classes, had trading days with volume greater than 152,000 contracts, saved investors over $1 million with price improvement and traded more than five million contracts in total.”