Trading Alert

MIAX Options

November 26, 2012 | 06:05 PM

In Preparation for a December 7, 2012 Launch, Pending SEC Approval, the Miami Options Exchange Final Planned Mock Trading Test will be held on December 1, 2012

MIAX Options Exchange (“MIAX”) would like to remind all mock trading participants that its final planned industry mock trading test will take place on Saturday, December 1, 2012 from 9:00 a.m. – 1:00 p.m. ET.  

Pending SEC approval, this final industry mock trading test will be in preparation for the launch of its options trading platform on December 7, 2012.

The industry mock trading testing will support the following:

  • Open firm participation via each of MIAX’s technical interfaces:
    • MIAX Express Interface
    • (MEI) for Market Maker quoting
    • FIX Order Interface (FOI) for orders
    • Top of Market (ToM) market data feed
    • Clearing Trade Drop (CTD) for trade drops
  • MIAX > OPRA Trade and Quote Reporting (NOTE: OPRA participation has been coordinated for all Mock Trading Sessions)
    • Data generated from the testing will utilize the new OPRA Participant ID code “M” which will be disseminated via OPRA’s Production channels
  • MIAX > Away Exchange Order Routing via participating exchanges and/or via simulation

To arrange participation in the mock trading tests, please contact MIAX Trading Operations at TradingOperations@miaxglobal.com.