Boston Options Exchange links up with RadianzNet

The Boston Options Exchange (Box), an electronic equity derivatives market, will use US electronic network services supplier Radianz to connect the exchange’s trading system to RadianzNet, an internet protocol-based global financial extranet.

Box is a new options exchange, established in February 2002 by the Boston Stock Exchange, Bourse de Montréal and Interactive Brokers Group. Box is currently the subject of an SEC review and is due to launch within three months.

The RadianzNet extranet connects financial institutions worldwide, enabling them to use one network to access their online services, conduct sensitive financial transactions and trade with one another. Other exchanges using RadianzNet include the International Securities Exchange and Chicago Stock Exchange, in addition to the Bourse de Montréal and Boston Stock Exchange.

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