Trading Alert

MIAX Options

February 13, 2014 | 04:28 PM

Opening and Regular Trading Quoting Requirements for Market Makers in GOOG (Google Inc.) and PCLN (Priceline.com Inc.)

MIAX has established a maximum bid/ask differential of $10.00 in PCLN and GOOG options during regular trading. The opening quote width requirements will be two (2) times the standard for PCLN and GOOG options.  Additionally, the MIAX Order Monitor was set to $10.00 or greater for market orders in PCLN and GOOG options.

The above changes will be in effect from the commencement of trading on Friday, February 14, 2014 through Monday, March 31, 2014 unless withdrawn by the Exchange prior to that time.

Please refer to MIAX Regulatory Circular 2014-05 for more details.

Please contact the MIAX Regulatory Department with any questions at Regulatory@miaxglobal.com or 609-897-7309.