In the month of January, price improved contracts on BOX Options Exchange (“BOX”) averaged 97,050 per day. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $267,560 per day, while total savings to investors this month was $5.6 MM. With this, BOX has saved investors over $472 MM since its inception in 2004. Overall average daily trading volume on BOX in the month of January was 311,750 contracts, an 11% increase compared to the previous month.
FTSE Mondo Visione Exchanges Index:
BOX Options Exchange Price Improvement Activity For January
Date 04/02/2014