MIAX All Options Exchange Functionality

MIAX Exchange Group Market Protections

MIAX Exchange Group Market Protections provides members with industry-leading processes to reduce risk exposure in the options marketplace and the flexibility for all members to establish risk parameters specific to each member’s risk tolerance. The MIAX Exchange Group Market Protections Overview details the currently available protections.

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MIAX Exchange Group Risk Protection Monitor – MIAX RPM™

The MIAX Exchange Group Risk Protection Monitor (MIAX RPM) improves Members’ collective capacity to identify, assess and supervise operational risk against their defined risk thresholds.

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MIAX Exchange Group Member Firm Portal User Manual

The MIAX Member Firm Portal (“MFP”) is an internet-facing portal which provides self-service functions to member firms. The MFP is available at all times except during pre-announced maintenance windows. Individuals requesting MFP access must be authorized to act on behalf of their organization.

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MIAX Options® Exchange Functionality

MIAX Options User Manual

The MIAX Options User Manual serves as an introduction to the Exchange and contains answers to many of the frequently asked questions about MIAX Options. In the User Manual, readers will find information relating to membership, system architecture, available data feeds and reports, trade allocation, billing and fees, various trading protections, Exchange hours and many other topics. The User Manual also contains links and references to various rules, fees and System settings.

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MIAX Price Improvement Mechanism – MIAX PRIME®

MIAX PRIME provides a fully electronic price improvement auction open to all members, providing Agency Orders an opportunity to receive better execution prices. PRIME will accept PRIME Orders priced at the NBBO or better for any size.

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MIAX Pearl® Exchange Functionality

MIAX Pearl User Manual

The MIAX Pearl Exchange User Manual serves as an introduction to the Exchange and contains answers to many of the frequently asked questions about MIAX Pearl. In the User Manual, readers will find information relating to membership, system architecture, available data feeds and reports, trade allocation, billing and fees, various trading protections, Exchange hours and many other topics. The User Manual also contains links and references to various rules, fees and System settings.

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MIAX Emerald® Exchange Functionality

MIAX Emerald User Manual

The MIAX Emerald Exchange User Manual serves as an introduction to the Exchange and contains answers to many of the frequently asked questions about MIAX Emerald. In the User Manual, readers will find information relating to membership, system architecture, available data feeds and reports, trade allocation, billing and fees, various trading protections, Exchange hours and many other topics. The User Manual also contains links and references to various rules, fees and System settings.

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MIAX Price Improvement Mechanism – MIAX PRIME®

MIAX PRIME provides a fully electronic price improvement auction open to all members, providing Agency Orders an opportunity to receive better execution prices. PRIME will accept PRIME Orders priced at the NBBO or better for any size.

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MIAX Sapphire™ Exchange Functionality

MIAX Sapphire User Manual

The MIAX Sapphire Exchange User Manual serves as an introduction to the Exchange and contains answers to many of the frequently asked questions about MIAX Sapphire. In the User Manual, readers will find information relating to membership, system architecture, available data feeds and reports, trade allocation, billing and fees, various trading protections, Exchange hours and many other topics. The User Manual also contains links and references to various rules, fees and System settings.

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