BOX Options Exchange Obliterates Status Quo with New Trading Floor Plans

[kreslik.news]

A well-defined options playing field could see some degree of a shakeup as BOX Options Exchange moves to secure a greater percentage of the overall market share. The group is planning on opening a new floor with approximately 40 human traders. Consequently, the move is being met with widespread discontent from other exchanges, many of which filing complaints or letters criticizing the ambitions of BOX, according to a Wall Street Journal report.

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BOX Options Exchange currently only oversees around 2.2 percent of the overall options market share, citing data from the Options ... (read more)