BOX Reaches $110M In Savings To Investors, Sees Near-Record Volume Day

In the month of February, price improvement versus the prevailing NBBO for contracts submitted via the Boston Options Exchange’s (“BOX”) price improvement auction (‘PIP’*) averaged $3.05 per contract. An average of 65,914 contracts per day received price improvement during the month. This represented savings to investors of $4 million. With this amount, BOX has reached $110 million in savings to investors since inception.

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