In the month of October, price improved contracts on BOX Options Exchange (“BOX”) averaged 295,066 per day, which represented a 84% increase over the same period last year. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $433,947 per day, while total savings to investors this month was $10.0M. With this, BOX has saved investors over $555M since its inception in 2004. Overall average daily trading volume on BOX in the month of October was 427,311 contracts, which represented a 20% increase over the same period last year.
FTSE Mondo Visione Exchanges Index:
BOX Options Exchange Price Improvement Activity For October
Date 06/11/2014