Regulatory Alert

MIAX Options

July 25, 2014 | 01:59 PM

MIAX Options - MIAX Price Improvement Mechanism (PRIME™) Deployment Schedule

Please be advised that The MIAX Options Exchange has gained SEC approval for the MIAX Price Improvement Mechanism (PRIME™).

The availability of PRIME will be subject to a scheduled rollout starting on August 8, 2014 for all symbols beginning with the letter Z.  PRIME will be made available for additional symbols via a future Regulatory Circular. 

Please note that PRIME Solicitation will not be available at this time and a future Regulatory Circular will announce the launch date of PRIME Solicitation.

PRIME is a new order type and requires additional FIX certification.

Please refer to MIAX_RC_2014_49 for further details.

Contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 to discuss any specific issues and to arrange interface testing.

Please direct any regulatory questions to the Regulatory Department at (609) 897-7309 or Regulatory@miaxglobal.com.