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Boston Options Exchange to Close on Friday, June 11th; Exchange Closes in Observance of President Ronald Reagan.


Business Editors

BOSTON--(BUSINESS WIRE)--June 7, 2004

The Boston Options Exchange (BOX) will be closed on Friday, June 11th in observance of a national day of mourning National Day of Mourning may refer to:
  • National Day of Mourning (United States), held on the fourth Thursday of November, an American Indian protest
  • National Day of Mourning (Canada), held 28 April, a commemoration of workers killed or injured on the job
 for former President Ronald Reagan. The Exchange will re-open for trading on Monday, June 14th.

Ken Leibler, Chairman of the Boston Options Exchange, said, "BOX joins the nation to honor a great leader of our country."

About BOX:

The BOX model represents a significant innovation in options trading with a market structure that operates with unprecedented low-costs that eliminate barriers to trading, an electronic auction feature that offers customers price improvement, and a model that functions without a trading floor.

The Boston Options Exchange Group LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 (BOX) was established in February 2002 by Boston Stock Exchange The Boston Stock Exchange (BSE) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October 2nd, 2007 Nasdaq agreed to acquire BSE for $61 million. , Inc. (BSE See Bombay Stock Exchange.

BSE

See Boston Stock Exchange (BSE).
), Bourse de Montreal, Inc., and Interactive Brokers Group LLC. Four additional investors - Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. , JPMorgan, Citigroup, and UBS - subsequently joined as BOX partners. BOX is an all-electronic equity derivatives market and was created as an alternative to the existing market models. BOX launched trading in February 2004. For more information, see BOX website: www.bostonoptions.com. Since BOX is an all-electronic options exchange it provides great diversification for the Boston Stock Exchange's core business of equity trading.
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Publication:Business Wire
Date:Jun 7, 2004
Words:205
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