Box Options Exchange Expands With Strategic Hire
Ed Boyle Joins as SVP of Business Development & Strategy
BOSTON, December 3, 2012 – The BOX Options Exchange (BOX) announced today that Ed Boyle has joined as the new senior vice president of business development and strategy.
“We are delighted to have someone with Ed’s experience and industry knowledge join our team,” said Tony McCormick. “He will accelerate our position in leading change for our industry to benefit the retail customer’s options trading experience.”
Boyle brings more than 20 years of industry expertise to BOX with significant strategy and business development experience. Boyle comes from key options leadership positions with TD Securities, LETCO Trading, automating trading firm Getco LLC, and others. He recently led the two U.S. options businesses at NYSE Euronext (NYX) as executive vice president.
Boyle reports to CEO Tony McCormick and joins Patty Kevin-Schuler in business development.
“I’ve seen both myself and BOX as innovators in the industry,” said Ed Boyle. “It’s exciting to join an environment where I can make a real impact as I lead with creative strategies for the best value in expanding the business for our customers.”
About BOX Options Exchange
The BOX Options Exchange provides an efficient and transparent marketplace, cutting edge technology and best price filtering for customer order execution.
The BOX Options Exchange offers distinctive features such as the Price Improvement Period (PIP) auction, which has returned over 409 million dollars in savings to customers, as well as an innovative market structure that inverts the traditional Make or Take model.
The BOX Options Exchange has an ultra-low latency trading engine with matching based on price-time priority, and no order cancellation fees.