Boston Options Exchange: End Of Year Data

BOX (which started trading on February 6) completed its first calendar year with a total volume of 20,738,065 contracts traded
BOX market share in the 347 classes that it lists for the last quarter of the year was 4.5% with an average daily volume of 166,000 for the same period
BOX’s most active trading session in 2004 was December 20 when 273,495 contracts were traded, a market share of almost 8% for those classes that BOX lists
Total price improvement to customers via BOX’s innovative PIP auction was just short of $ 6 million for the year while averaging over $ 2 per contract. For the fourth quarter of the year, savings to investors averaged $ 59,000 per trading session or $ 2.13 per contract
At the end of the year, BOX had 71 Participant firms connected to the BOX trading engine and 33 firms acting as market makers