In the month of May, price improved contracts on BOX Options Exchange (“BOX”) averaged 246,242 per day, which represented a 13% increase over last month. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $273,855 per day, while total savings to investors this month was $6.0 MM. With this, BOX has saved investors over $435 MM since its inception in 2004. Overall average daily trading volume on BOX in the month of May was 419,792 contracts, which represented a 13% increase over last month.
FTSE Mondo Visione Exchanges Index:
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BOX Options Exchange Price Improvement Activity For May
Date 04/06/2013
