BOX adopts 'make or take' pricing model

The Boston Options Exchange (BOX) is set to implement the 'make or take' transaction fee pricing model for classes included in the penny pilot, subject to SEC approval. The make or take pricing structure will offer 0.30 cents per executed contract to market makers who post liquidity and 0.25 cents per contract to all other liquidity providers. Liquidity takers will be charged 0.45 cents per contract. According to the exchange, the pricing structure will reward its participants by compensatin