News Centre

BOX Options Exchange July 2014 InBOX

Date 01/07/2014

This is the July issue of InBOX, your news source from inside the BOX Options Exchange. This monthly publication will provide convenient summaries of recent developments at BOX.

SROs Select Short List Bids For The Consolidated Audit Trail

Date 01/07/2014

The national securities exchanges and FINRA (collectively, the self-regulatory organizations, or SROs) have selected six bids from the list of ten RFP responses that were submitted to build and maintain the Consolidated Audit Trail (CAT). The six bids that have been selected for shortlisting are listed below in alphabetical order:

OCC Announces Cleared Contract Volume In The First Half Of 2014 Declined 1%, Fifth Year Above 2 Billion Contracts

Date 01/07/2014

OCC announced today that total cleared contract volume reached 327,922,056 in June, an 11 percent decrease from the June 2013 volume of 367,660,030 contracts. OCC’s year-to-date cleared contract volume is off 1 percent from 2013 with 2,117,001,407 contracts, marking the fifth consecutive year that first half cleared volume reached 2 billion contracts.

CBOE Holdings Announces Date Of Second-Quarter 2014 Earnings Release And Conference Call

Date 01/07/2014

CBOE Holdings, Inc. (NASDAQ: CBOE) will announce financial results for the second quarter of 2014 before the market opens on Friday, August 1, 2014.  A conference call with remarks by CBOE Holdings, Inc. senior management will begin at 7:30 a.m. Central Time (CT). 

OneChicago Announces June 2014 Trading Volume Up 63% Compared To June 2013 - Year-To-Date Volume Outpacing Record Breaking Year Of 2013 By 10% - Average June Block Trade Size Was 680 (68.000 Share Equivalent)

Date 01/07/2014

OneChicago, LLC (OCX), an equity finance exchange, today announced its June 2014 volume of 1,269,074, a 63% increase year-over-year. OneChicago is a CFTC and SEC regulated exchange offering Single Stock Futures (SSF), a Delta One product, on approximately 1,500 equities, including ADRs and ETFs.   

The Options Industry Council Announces Options Volume Dips 1.4 Percent In First Half Of 2014

Date 01/07/2014

The Options Industry Council (OIC) announced today that 321,358,397 total options contracts exchanged hands in June, which is 11.03 percent less than the previous June when 361,180,257 contracts were traded.

Cinnober Acquires BOAT From Markit — Independent European Trade Reporting Service Is Here To Stay

Date 01/07/2014

• A seamless transition for clients with no change to the BOAT trade reporting service.
• Independence from exchanges and marketplaces so all Over The Counter (OTC) trading activity remains free from conflicts of interest.
• MiFID-compliant platform for Multilateral Trading Facilities (MTFs) and investment firms to meet their pre-trade quoting and post-trade reporting obligations.
• A future-proof solution for MiFID 2/MiFIR with support for Market Model Typology (MMT) trade reporting standards.
• The only Trade Data Monitor (TDM) recognized by both the Financial Conduct Authority (FCA) and SIX Swiss Exchange.

Athens Stock Exchange: Price Fluctuation Limits For The Turnover Velocity Stocks For July 2014

Date 01/07/2014

The Executive Committee, during today's session, approved the application of price fluctuation limits of ±10%, for July 2014, for the low turnover velocity Stocks of the Main Market (monthly average velocity of last month less or equal to 0.01%) presented in Table 1, according to the ATHEX Board Decision 22.

Key Figures SIX Swiss Exchange And SIX Structured Products Exchange: June 2014 / H1 2014

Date 01/07/2014

• Trading turnover of CHF 575.0 billion in the first half of 2014 (+6.5% versus the same period in 2013)
• Average trading turnover per day of CHF 4.7 billion]
• Fifth IPO this year: Glarner Kantonalbank now listed on SIX Swiss Exchange  

BOX Price Improvement Activity For June

Date 01/07/2014

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.