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The Boston BOX Is Almost Ready

Traders Magazine, December 2003

Gregory Bresiger

With 100 major firms ready to trade, officials of the Boston Options Exchange (BOX) are hoping to begin operations soon, according to its parent, the Boston Stock Exchange. "We are just awaiting final approval from the SEC. We are still figuring to be begin operations this quarter," Kenneth Liebler, CEO of the Boston Stock Exchange, told Traders Magazine. He added that BOX's rollout will take about two months and it will initially have 250 options classes. BOX would be the second electronic options exchange in the U.S.

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