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Trading Alert

MIAX Options

July 30, 2014 | 12:13 PM

MIAX Options - August 1, 2014 Fee Changes - Monthly Firm Fee Cap, Priority Customer Rebate & Select Symbol Rebate Programs

The MIAX Options Exchange has filed for immediate effectiveness of three filings to amend the MIAX Options Fee Schedule beginning August 1, 2014 as follows:

  1. Monthly Firm Fee Cap to provide that certain orders of affiliates of Members will be included in calculating the Monthly Firm Fee Cap of $60,000 for orders that are entered and executed for an account identified by an Electronic Exchange Member for clearing in the OCC “Firm” range.
  2. Priority Customer Rebate Program to modify the volume thresholds of tiers 1, 2, and 3.
  3. MIAX Select Symbols to amend the Priority Customer Rebate Program to lower the per contract credit for transactions in MIAX Select Symbols for tiers 1 and 2.
Please refer to the MIAX Regulatory Circular, MIAX_RC_2014_51, for further details.

The MIAX Options Fee Schedule is posted on the MIAX website at content/fees.

Please direct any questions to Shelly Brown at SBrown@miaxglobal.com or (609) 897-7317.

Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609)-897-7309.