McCormick to Lead Boston Options Exchange

Operators of the Boston Options Exchange (BOX) announced that they have named Tony McCormick the exchange's CEO, effective last week.

McCormick, who most recently was with Charles Schwab & Co., where he managed the firm's trade quality execution group, will be responsible for building the exchange's market share and developing future offerings.

McCormick says the exchange will focus on growing its retail order flow in the five-contract to 20-contract range, rather than focusing on institutional

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