Investor savings from orders submitted to the PIP have topped $545 million.

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Trades Overview

Average Daily PIP Savings

Estimation of money saved by investor using PIP versus the prevailing National Best Bid or Offer (NBBO) at time of trade.

  • $229,865Nov 13
  • $221,410Dec 13
  • $267,560Jan 14
  • $304,880Feb 14
  • $479,117 Mar 14
  • $466,285Apr 14
  • $429,141 May 14
  • $479,037Jun 14
  • $495,577Jul 14
  • $463,779Aug 14
  • $396,412Sep 14
  • $433,947Oct 14
  • $346,858Nov 14
  • Nov 13
  • Dec 13
  • Jan 14
  • Feb 14
  • Mar 14
  • Apr 14
  • May 14
  • Jun 14
  • Jul 14
  • Aug 14
  • Sep 14
  • Oct 14
  • Nov 14
  • $ 500,000
  • $ 450,000
  • $ 400,000
  • $ 350,000
  • $ 300,000
  • $ 250,000
  • $ 200,000
  • $ 150,000
  • $ 100,000
  • $ 50,000
  • $ 0
  • $195,754Jan 13
  • $194,620Feb
  • $182,256Mar
  • $236,701Apr
  • $273,855May
  • $185,259Jun
  • $192,162Jul
  • $195,265Aug
  • $206,402Sep
  • $278,144Oct
  • $229,865Nov
  • $221,410Dec
  • Jan 13
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
  • $ 300,000
  • $ 250,000
  • $ 200,000
  • $ 150,000
  • $ 100,000
  • $ 50,000
  • $ 0
  • $168,000Jan 12
  • $185,000Feb
  • $148,000Mar
  • $174,000Apr
  • $178,000May
  • $160,000Jun
  • $180,000Jul
  • $148,000Aug
  • $155,000Sep
  • $130,000Oct
  • $225,000Nov
  • $175,000Dec
  • Jan 12
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
  • $ 250,000
  • $ 200,000
  • $ 150,000
  • $ 100,000
  • $ 50,000
  • $ 0
  • $300,000Jan 11
  • $348,000Feb
  • $245,000Mar
  • $240,000Apr
  • $215,000May
  • $160,000Jun
  • $198,000Jul
  • $320,000Aug
  • $170,000Sep
  • $180,000Oct
  • $170,000Nov
  • $148,000Dec
  • Jan 11
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
  • $ 350,000
  • $ 300,000
  • $ 250,000
  • $ 200,000
  • $ 150,000
  • $ 100,000
  • $ 50,000
  • $ 0
BOX Average Monthly Volume
  • 347,185Nov 13
  • 279,815Dec 13
  • 311,750Jan 14
  • 311,467Feb 14
  • 475,418 Mar 14
  • 453,931Apr 14
  • 398,937 May 14
  • 415,359Jun 14
  • 449,739Jul 14
  • 399,261Aug 14
  • 383,224Sep 14
  • 427,311Oct 14
  • 329,288Nov 14
  • Nov 13
  • Dec 13
  • Jan 14
  • Feb 14
  • Mar 14
  • Apr 14
  • May 14
  • Jun 14
  • Jul 14
  • Aug 14
  • Sep 14
  • Oct 14
  • Nov 14
  • 500,000
  • 400,000
  • 300,000
  • 200,000
  • 100,000
  • 0
  • 436,991Jan
  • 365,201Feb
  • 320,933Mar
  • 370,354Apr
  • 419,792May
  • 373,337Jun
  • 315,663Jul
  • 332,134Aug
  • 346,895Sep
  • 357,021Oct
  • 347,185Nov
  • 279,815Dec
  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
  • 500,000
  • 400,000
  • 300,000
  • 200,000
  • 100,000
  • 0
  • 590,000Jan
  • 660,000Feb
  • 635,000Mar
  • 612,000Apr
  • 700,000May
  • 650,000Jun
  • 595,000Jul
  • 530,000Aug
  • 570,000Sep
  • 508,000Oct
  • 485,000Nov
  • 420,000Dec
  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
  • 800,000
  • 700,000
  • 600,000
  • 500,000
  • 400,000
  • 300,000
  • 200,000
  • 100,000
  • 0
  • 600,000Jan '11
  • 510,000Feb
  • 440,000Mar
  • 450,000Apr
  • 438,000May
  • 400,000Jun
  • 590,000Jul
  • 870,000Aug
  • 630,000Sep
  • 670,000Oct
  • 585,000Nov
  • 500,000Dec
  • Jan '11
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
  • 900,000
  • 800,000
  • 700,000
  • 600,000
  • 500,000
  • 400,000
  • 300,000
  • 200,000
  • 100,000
  • 0