Subject: SR-BOX-2019-04
From: Anand Prakash
Affiliation:

Mar. 27, 2019

Dear Ms. Countryman,
 
We are an options market making firm and significantly affected by this fee increase. If this fee increase goes in effect, we wouldn’t be able to subscribe to BOX market data as the cost of access will go higher and as such, we wouldn’t be able to participate in trades on BOX. 
As of now, we have stopped our access to BOX as we await for a decision on this fees increase.
 
We oppose the rule change increasing BOX market data fees for participants and non-participants.
 
 
Sincerely,
Anand Prakash