Dec 3 The BOX Options Exchange said on Monday
that it has hired Ed Boyle, a former NYSE Euronext
executive, to lead business development and strategy.
Boyle, as the new senior vice president, will report to BOX
Chief Executive Tony McCormick starting Jan. 1 and joins Patty
Kevin-Schuler in business development, BOX said in a statement.
Boyle was vice president at TD Securities from 2002 to 2007.
He was in charge of the two U.S. options markets at NYSE
Euronext for just over three years. He left that position on
December 2010 to become managing director in a strategy role at
automated trading firm Getco LLC until June 2012.
BOX's equity option market share last month stood at 3.35
percent out of 10 U.S. options venues, according to data from
OCC, which clears all U.S. listed options.
The BOX Options Exchange was able to act as its own
self-regulatory organization in mid-May after receiving approval
from the U.S. Securities and Exchange Commission.
The exchange is owned by the Toronto Stock Exchange and
seven broker-dealers. TMX Group Inc currently owns 53.8
percent of parent company BOX Holdings Group LLC.