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BOX Exchange LLC (“BOX”), recently distributed Notice 2023-308 detailing modified bid-ask differentials for certain option classes effective through December 15, 2023.
Update: Effective September 21, 2023, the maximum valid bid/ask differential for Market Makers in symbol “MOH” will be $10 for all series.
Please Note: Requests for bid-ask relief on a class by class basis should be directed to BOX MRC. Requests must include an explanation as to why bid-ask relief is needed. If a particular option class was granted bid-ask relief through an expiration period and the relief is greater than the below bid-ask differentials, the relief granted will continue through the expiration period.
A complete list of symbols with modified bid-ask differentials can be found here.
Contact
Please review the information provided herein. If you have any questions regarding this information, please contact BOX Exchange at BOXMRC@boxexchange.com.
