Trading Alert
MIAX Options
May 23, 2014 | 02:16 PM
MIAX Options - MIAX Price Improvement Mechanism (PRIME™) Available in the MIAX Firm Test Bed #2
The MIAX Options Exchange has updated the MIAX Firm Test Bed #2 (FTB2) environment with the MIAX Price Improvement Mechanism (PRIME™) functionality. PRIME™ is currently available for testing and certification.
Updated Interface Specifications are available with the following clarifications:
-
CTD
- Executing MPID description change
-
FOI
- MsgType “s” tag 204 – clarification of valid values
- Notes section bullet “Clearing Detail” - clarification of gateway validations
- MsgType 8 – Added tag 9946 (FirmMPID)
-
MEI
- Message type “QR”: New Quote Status “D”
- Message type “ER”: New eQuote Request Status “D”
The deployment of PRIME™ will be announced in a future Alert. The PRIME™ functionality is targeted for a July activation pending SEC Approval.
MIAX Options Trading Interface Specifications are located at interface-specifications.
The MIAX Rulebook is located at regulatory
Please contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 to discuss any specific issues and to arrange interface testing.