Trading Alert
MIAX Options
March 07, 2014 | 06:17 PM
MIAX Options - Auto Cancel On Disconnect (ACOD) New Date: Available March 17, 2014
MIAX Options is amending the previously announced date that it will introduce the Auto Cancel on Disconnect (ACOD) functionality from March 10, 2014 to March 17, 2014.
With the introduction of this new feature, Firms will now have the ability to send an ACOD directive on an order by order basis or at a session level. Orders received with this directive will be canceled upon disconnect (due to graceful logout or a connection loss or loss of 2 heartbeats) on a best effort basis. GTC orders are not eligible for ACOD functionality. Please refer to the FOI interface specification for more details regarding this feature.
The MIAX Firm Test Bed can currently accommodate testing of this new feature. Auto Cancel On Disconnect is an optional change, but requires mandatory re-certification.
MIAX Options Trading Interface Specifications are located at interface-specifications.
Please contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 to discuss any specific issues and to arrange interface testing.
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609)-897-7309.