In the month of May, price improvement versus the prevailing NBBO for contracts submitted via the Boston Options Exchange’s (“BOX”) price improvement auction (‘PIP’) averaged $3.07 per contract, an increase over April’s $2.69. To date, BOX has saved investors over $246 million since inception with its price improvement mechanism.
FTSE Mondo Visione Exchanges Index:
BOX’s Average Improvement, Volume Increase In May
Date 02/06/2009