The Boston Options Exchange (BOX), an electronic equity derivatives market that is being created as an alternative to the existing market models, is to connect to Radianz's global financial extranet RadianzNet.
Established in February 2002 by the Boston Stock Exchange, Bourse de Montréal and Interactive Brokers Group, BOX is currently under review with the SEC and is due to launch this summer.
Radianz says more than 8,500 institutions are connected to RadianzNet and can use the extranet to access more than 100 destinations.