BOX Aiming for US Options Niche

EXCHANGE TECHNOLOGIES

MONTREAL--The 800 million contract-per-year-US market has more than enough room for the nascent Boston Options Exchange (BOX), potentially the sixth options exchange in the mix, says BOX chairman Luc Bertrand.

A joint venture of the Boston Stock Exchange (BSE), Interactive Brokers, and Bourse de Montreal (BDM), BOX intends to launch mid-next year with a customized version of the NSC platform built by Atos-Euronext. Vendors GL Trade, RTS Realtime Systems, ORC Software, EasyScreen and Actant have

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