What's New
July 7, 2008
BOX Tops $200 Million In Cumulative Savings To Investors,
Trading Volume Jumps 80%
BOX announced today that it
has achieved $203 million in savings for investors through its price improvement period
(PIP). June was also the second busiest month in BOX’s history with average daily
volume (ADV) increasing by 80% compared to the same period one-year ago. For more information click here.
July 3, 2008
BOX Reaches $200M In PIP Savings, Delivers Near-Record Month In Terms Of Volume
In the month of June, price improvement versus the prevailing NBBO for contracts submitted via the Boston Options Exchange's ("BOX") price improvement auction ('PIP') averaged $3.93 per contract. This represented savings to investors of $6.4 million. With this amount, BOX has reached $203 million in savings to investors since inception. For more information click here.
June 13, 2008
Management Change At BOX
BOX announced today Scott
Morris has decided to leave his role as CEO of the company to pursue other
opportunities. Will Easley, Vice Chairman and one of the founders of BOX, will act as
the interim leader, effective immediately. For more information click here.
June 6, 2008
BOX Promotes Liquidity In Most Liquid Names
BOX announced today the creation of a tiered structure for make or take pricing in the three most liquid penny names (QQQQ, SPY, IWM).
For more information click here.
June 3, 2008
BOX Breaks Improvement Record In Consecutive
Months, Rolls Out New Classes
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 $4.39 per contract, setting an all-time high and
breaking the record set just the previous month. For more information click here.
May 19, 2008
BOX Boosts Sales & Marketing Efforts
BOX announced today Todd
Rich has joined as the new director of sales & marketing. For more information click here.
May 7, 2008
BOX Breaks Improvement Record, Continues Expansion
Program
In the month of April, price improvement versus the prevailing NBBO for contracts submitted via the Boston Options Exchange’s (“BOX”) price improvement auction (‘PIP’) averaged $4.08 per contract, the highest level
improvement has been at in BOX’s history. This represented savings to investors of $6.8 million. For more information click here.
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