Regulatory Alert
MIAX Options
April 01, 2014 | 03:28 PM
Changes to MIAX Opening Valid Quote Width for Long Term Options Effective April 2, 2014
The MIAX_RC_2014_15, refers to the change in the opening valid quote width to five dollars for options with a time to expiration of nine (9) months or greater (“Long Term Option” or “LTO”). This increase will be effective at the start of trading on Wednesday, April 2, 2014.
Please contact the MIAX Regulatory Department with any questions at Regulatory@miaxglobal.com or (609) 897-7309.