In the month of October, price improved contracts on BOX Options Exchange (“BOX”) averaged 160,131 per day. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $278,144 per day, while total savings to investors this month was $6.4 MM. With this, BOX has saved investors over $457 MM since its inception in 2004. Overall average daily trading volume on BOX in the month of October was 357,021 contracts, a 2.9-percent increase over the previous month.
FTSE Mondo Visione Exchanges Index:
BOX Options Exchange Price Improvement Activity For October
Date 01/11/2013