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BOX eliminates make or take pricing after failure to increase market share


Boston Options Exchange has said it will abolish its make or take pricing scheme for options quoted in one-cent increments from September 1. The US exchange said it had decided to eradicate the pricing scheme after it had failed to increase the bourse’s market share.

BOX had adopted a maker-taker model in penny priced options that rewarded liquidity providers by crediting...

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